LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 7, 2019

TO:	Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	SB491 by Creighton (Relating to certain government contracts with companies that boycott Israel.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Government Code to remove the requirement that sole proprietorships, and other companies with less than 10 employees, include in a contract with a governmental agency for goods and services a written verification from the contracting company stating the company does not boycott Israel and will not boycott Israel during the term of the contract. For remaining companies, the bill would limit the verification requirement to contracts of $100,000 or more.

The Office of the Attorney General, Comptroller of Public Accounts, General Land Office, Teacher Retirement System, TX Emergency Services Retirement System, the University of Texas System, and Texas Education Agency indicate that there would be no significant fiscal implication. 

Local Government Impact

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

Source Agencies:

304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 326 Texas Emergency Services Retirement System, 327 Employees Retirement System, 720 The University of Texas System Administration, 302 Office of the Attorney General, 323 Teacher Retirement System, 701 Texas Education Agency

LBB Staff:

WP, CLo, JPU, CW, CMa, JMO, ASa