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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 25, 2023
TO:
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1419 by Birdwell (relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
It is assumed that any costs and savings associated with the bill would be insignificant
Local Government Impact
There could be an impact on certain political subdivisions related to the limitations the bill would impose on use of public money under certain economic development agreements or programs adopted by the political subdivisions.