Honorable Carol Alvarado, Chair, House Committee on Urban Affairs
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1238 by VanDeaver ( Relating to investment training for officers of public housing authorities.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code to modify the required hours of an investment training for certain housing authority financial officers. Exempts officers at certain housing authorities from this training.
The bill would take effect September 1, 2017.
Local Government Impact
According to the Texas Municipal League, the bill is not anticipated to have a significant fiscal impact on municipalities.