Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development
Ursula Parks, Director, Legislative Budget Board
HB622 by Leach (Relating to the applicability of project design and construction requirements to development corporations created by governmental entities subject to those requirements.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to require a corporation to comply with the same procurement process methods as its authorizing unit must comply.
The bill would take effect September 1, 2017.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.