LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

February 25, 2005

TO:	Honorable David Swinford, Chair, House Committee on State Affairs
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB539 by Bohac (Relating to naming the circle drive around the State Capitol the George W. Bush Circle.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would rename the circle around the State Capitol the George W. Bush Circle. In addition, the bill would direct the State Preservation Board to design and construct markers indicating the name of the circle. Funding for this provision could be expended out of the Capitol Fund, a fund held outside the State Treasury, and is estimated to be approximately $15,000. The bill would take effect immediately upon receiving a two-thirds majority vote in both houses; otherwise, the bill would take effect September 1, 2005.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

809 Preservation Board

LBB Staff:

JOB, SR, JM