LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION

March 17, 2023

TO:	Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB158 by Perry (Relating to the location of a bank eligible to be selected as a depository or subdepository of county public money, including money held by a county or district clerk.), As Introduced

No fiscal implication to the State is anticipated.

Local Government Impact

Making banks located outside a county eligible to be selected as a depository or subdepository of county public money would provide additional flexibility that could result in positive implications to certain counties. 

Source Agencies:

451 Department of Banking

LBB Staff:

JMc, AF, CMA, NTh