TO: | Honorable Kyle Janek, Chair, Senate Committee on S/C on Emerging Technologies & Economic Dev. |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB637 by Van de Putte (Relating to use of the money from the Texas Enterprise Fund to benefit small businesses.), Committee Report 1st House, Substituted |
The bill provides that the Governor consider making grants from the Texas Enterprise Fund to small businesses, those that commit to create new small businesses, or for the relocation of small businesses from outside the state. No significant fiscal implication to the state is anticipated as the bill redirects appropriated amounts.
Source Agencies: |
LBB Staff: | JOB, JRO, SMi
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