Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB4052 by White, James (Relating to posting certain economic development agreements on the Internet.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to require a political subdivision that maintains an Internet website to post on the website each economic development agreement that the subdivision enters into. The bill would require the political subdivision to post the agreement continuously from the date the agreement is executed until the date the agreement expires.
The bill would have no direct fiscal implications for the Foundation School Program (FSP) or the operations of the Texas Education Agency (TEA).
Local Government Impact
No significant fiscal implication to units of local government is anticipated.