Honorable Tan Parker, Chair, House Committee on Investments & Financial Services
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB870 by Smith (Relating to the investment training requirement for certain local government officers.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Government Code to modify the required hours of an investment training for certain local government officials.
The Texas Education Agency (TEA) indicated the bill would have no direct fiscal implications for the Foundation School Program or the operations of the TEA.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.