LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
April 21, 2023

TO:
Honorable Oscar Longoria, Chair, House Committee on Business & Industry
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB3768 by Bucy (Relating to the formation of decentralized unincorporated associations and the use of distributed ledger or blockchain technology for certain business purposes; authorizing a fee.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Business Organization Code relating to the formation of decentralized unincorporated associations and the use of distributed ledger or blockchain technology for certain business purposes.

According to the Office of the Attorney General and the Secretary of State, no significant fiscal implications are anticipated from the provisions of the bill.

Local Government Impact

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


Source Agencies:
302 Office of the Attorney General, 304 Comptroller of Public Accounts, 307 Secretary of State
LBB Staff:
JMc, SZ, HGR