TO: | Honorable Robert Duncan, Chair, Senate Committee on State Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB842 by Raymond (Relating to public access to personal financial statements filed by judges and justices.), As Engrossed |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | $25,696 |
2009 | $0 |
2010 | $0 |
2011 | $0 |
2012 | $0 |
Fiscal Year | Probable (Cost) from GENERAL REVENUE FUND 1 |
---|---|
2008 | $25,696 |
2009 | $0 |
2010 | $0 |
2011 | $0 |
2012 | $0 |
The bill would require home address information be removed from a personal financial statement filed with the Texas Ethics Commission by a judge or a justice before making the statement available to the public.
According to the Texas Ethics Commission, there are 8,453 judicial filers currently in the agency filing database. Therefore, it is assumed that significant staff time would be required to remove address information from the financial statement of those filers. As a result, it is assumed that an additional 2 temporary employees at a cost of $25,696 in General Revenue would be required to assist the agency for 4 months with processing, reviewing, and altering original personal financial statement submissions to conform to the provisions of the bill.
No fiscal implication to units of local government is anticipated.
Source Agencies: | 356 Texas Ethics Commission
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LBB Staff: | JOB, KJG, JM
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