LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 18, 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:	HB1566 by Meza (relating to the definition of economically disadvantaged person for the purposes of determining whether a business is a historically underutilized business.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend Chapter 2161 of the Government Code, regarding historically underutilized businesses, to add "Subcontinent Asian Americans" to the list of economically disadvantaged persons. Based on the analysis of the Comptroller of Public Accounts, any costs associated with implementation of the bill could be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

WP, CMa, LCO