LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

April 12, 2005

TO:	Honorable Mary Denny, Chair, House Committee on Elections
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB476 by Rose (Relating to the filing of financial statements by policy board members of metropolitan planning organizations; providing criminal penalties.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Transportation Code by requiring metropolitan planning organization policy board members to file a financial statement with the Texas Ethics Commission. Failure to file a required statement would be classified as a Class B misdemeanor. The bill would take effect September 1, 2005 and would apply beginning January 1, 2007.

The Texas Ethics Commission reports that administrative duties associated with the provisions of the bill can be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

356 Texas Ethics Commission

LBB Staff:

JOB, DLBa