Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
SB1108 by Madla (Relating to the bond of a county treasurer.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code regarding requirements for a county treasurer in executing a bond. The bill would take effect September 1, 2005 and would apply only to a county treasurer whose term begins on or after that date.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.