Honorable Joe Deshotel, Chair, House Committee on Economic Development
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB3446 by Rose (Relating to the promotion by the comptroller of Texas manufactured products; providing civil and administrative penalties.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code and provide that the Comptroller establish and administer a "Genuine Texas Program" to develop and expand markets for Texas manufactured products. In addition, the Comptroller would appoint an advisory board that would advise the Comptroller on the adoption of rules and procedures relating to the administration of the program. It is assumed that any additional costs associated with implementation of the bill could be absorbed within existing state resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.