LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 7, 2019

TO:	Honorable Dade Phelan, Chair, House Committee on State Affairs
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB1198 by Shine (Relating to employee-owned companies.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that the provisions of the bill relating to employee-owned companies could be absorbed using existing resources.

Local Government Impact

According to the Texas Association of Counties, no significant fiscal implication to counties is anticipated.

Source Agencies:

300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts

LBB Staff:

WP, CMa, NV, JSm, LCO, CW, AF