TO: | Honorable Garnet Coleman, Chair, House Committee on County Affairs |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | SB494 by Fraser (Relating to the authority of certain local governmental entities to borrow money for a public hospital.), As Engrossed |
There could be a fiscal impact associated with the provisions of the bill; however, the amounts would vary depending on whether a local governmental entity chose to borrow money, the amount borrowed, and the interest rate on the bond.
The Harris County Hospital District reported the costs associated with the provisions of the bill could be absorbed within current resources.
Source Agencies: |
LBB Staff: | JOB, KKR, TP
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