Honorable John Kuempel, Chair, House Committee on General Investigating & Ethics
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3789 by Geren (Relating to the disclosure on personal financial statements of certain contracts and paid relationships with governmental entities; amending provisions subject to a criminal penalty.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code to require individuals filing personal financial statements with the Ethics Commission to disclose any contracts or subcontracts with public entities. The Ethics Commission indicates it could absorb any costs associated with the bill within its current resources.
The bill would take effect January 1, 2016 and would affect financial statements filed after January 1, 2017.
Local Government Impact
No fiscal implication to units of local government is anticipated.