LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

Revision 1

May 25, 2019

TO:	Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Dennis Bonnen, Speaker of the House, House of Representatives
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB700 by Guillen (Relating to the use of the skills development fund by certain entities and a study and report regarding the effectiveness of that fund. ), Conference Committee Report

No significant fiscal implication to the State is anticipated.

The bill would amend the Labor Code relating to the use of the skills development fund by certain entities. Based on the analysis of the Texas Workforce Commission, it is assumed that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

320 Texas Workforce Commission, 701 Texas Education Agency

LBB Staff:

WP, SZ, CLo, SGr, CP, AF