Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB501 by Capriglione (Relating to personal financial statements filed by public officers and candidates, including the disclosure of certain contracts, agreements, services, and compensation in and the amendment of those statements.), Conference Committee Report
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code and the Election Code relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.
Based on information provided by the Ethics Commission, this analysis assumes that any costs associated with implementing the bill could be absorbed within existing resources.
The bill would take effect January 8, 2019 and would apply to financial statements filed on or after January 8, 2019.
Local Government Impact
No fiscal implication to units of local government is anticipated.