LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION

April 10, 2023

TO:	Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB1810 by Sparks (Relating to the issuance of certain anticipation notes and certificates of obligation.), As Introduced

No fiscal implication to the State is anticipated.

Local Government Impact

There could be an impact on certain units of local government as a result of the bill's prohibition against the issuance of an anticipation note to pay a contractual obligation under certain conditions.

Source Agencies:

352 Bond Review Board

LBB Staff:

JMc, AF, CMA, NTh