Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB501 by Capriglione (relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.), Committee Report 1st House, Substituted
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.