LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 22, 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:	SB1456 by Flores (Relating to the requirement for performance bonds from certain public work contractors.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend portions of the Government Code relating to performance bonds for certain public work contractors.

The Facilities Commission, Military Department, Historical Commission, and Parks and Wildlife Department have indicated there would be no significant fiscal impact.

Local Government Impact

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

Source Agencies:

303 Facilities Commission, 401 Military Department, 802 Parks and Wildlife Department, 808 Historical Commission

LBB Staff:

WP, CLo, JPU, CW, CMa, AF, TBo, NA, LCO