LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
May 15, 2015

TO:
Honorable Joan Huffman, Chair, Senate Committee on State Affairs
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
HB1294 by Capriglione (Relating to the disclosure on personal financial statements of certain contracts or subcontracts with governmental entities.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Government Code to increase reporting requirements of individuals filing personal financial statements with the Ethics Commission. The Ethics Commission indicates it could absorb any costs associated with the bill within its current resources.
 
The bill would take effect September 1, 2015 and would affect financial statements filed on or after January 1, 2017.

Local Government Impact

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


Source Agencies:
356 Texas Ethics Commission
LBB Staff:
UP, AG, EP, EMo, FR