LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
 
April 1, 2025

TO:
Honorable Cole Hefner, Chair, House Committee on Homeland Security, Public Safety & Veterans' Affairs
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB129 by McQueeney (Relating to a prohibition on certain governmental contracts with foreign adversary companies and federally banned companies; authorizing a civil penalty.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that any costs associated with the bill could be absorbed using existing resources.

According to the Comptroller of Public Accounts, the bill's provisions could result in an increase in revenue. The number of violations resulting in the imposition of a civil penalty is unknown; therefore, the revenue impact on the state cannot be estimated. This analysis assumes civil penalty revenue would be insignificant.

Local Government Impact

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


Source Agencies:
212 Office of Court Administration, Texas Judicial Council, 300 Trusteed Programs Within the Office of the Governor, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 313 Department of Information Resources, 601 Department of Transportation
LBB Staff:
JMc, MGol, CMA, BC