Honorable Joe Deshotel, Chair, House Committee on Economic Development
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2572 by Thompson (Relating to a requirement that a recipient of money from the Texas Enterprise Fund provide a health benefit plan for its employees.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill requires Texas Enterprise Fund grant recipients to provide a health benefit plan to its employees. It is anticipated that the agency could accomplish the requirement of the bill using existing resources. Therefore, no significant fiscal impact to the state is anticipated.
Local Government Impact
No fiscal implication to units of local government is anticipated.