Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3614 by Cain (Relating to an annual report on state lending and credit support programs.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 403 of the Government Code to require the Comptroller to submit to the Legislature and to post on the agency's website an annual report on state lending and credit support programs. The bill would require political subdivisions and other state agencies to submit the relevant information to the Comptroller. It is assumed that the costs associated with the bill's provisions could be absorbed using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.