| LEGISLATIVE BUDGET BOARD |
| Austin, Texas |
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| FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION |
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| April 23, 2017 |
| TO: | Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development |
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| FROM: | Ursula Parks, Director, Legislative Budget Board |
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| IN RE: | HB3488 by Hinojosa, Gina (Relating to authorizing public benefit corporations.), Committee Report 1st House, Substituted |
No significant fiscal implication to the State is anticipated.
The bill would amend the Business Organizations Code relating to authorizing public benefit corporations.
The Secretary of State assumes any additional work associated with implementing the provisions of the bill could be absorbed using existing resources.
The bill would take effect on September 1, 2017.
Local Government Impact
No fiscal implication to units of local government is anticipated.
| LBB Staff: |
UP, CL, WP, ASa, NV
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