LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
April 19, 2015

TO:
Honorable Jodie Laubenberg, Chair, House Committee on Elections
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
HB2961 by Sanford (Relating to ballot language for a proposition to approve the issuance of bonds by a city.), As Introduced

No fiscal implication to the State is anticipated.


Local Government Impact

A city would be required to include in a proposition submitted to voters for approval of
the issuance of bonds the most recent bond rating and a description of the applicable bond rating system. Costs to cities are not anticipated to be significant.


Source Agencies:
LBB Staff:
UP, AG, SD