LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

May 22, 2009

TO:	Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2525 by Smith, Todd (Relating to political expenditures made by a corporation or labor organization to finance the establishment and administration of a political committee.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Election Code regarding political expenditures from certain organizations. The Ethics Commission indicates that any additional cost associated with the implementation of the bill could be absorbed within existing state resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

356 Texas Ethics Commission

LBB Staff:

JOB, KJG, TP, JM