Honorable John Davis, Chair, House Committee on Economic & Small Business Development
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB2581 by Murphy (Relating to the computation of a surplus credit for certain successor employing units.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Labor Code relating to the computation of a surplus credit for certain successor employing units. Based on the analysis of the Texas Workforce Commission, it is assumed that any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.