LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION

March 13, 2025

TO:	Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB427 by Hinojosa, Juan "Chuy" (relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivision’s failure to comply with certain financial reporting requirements.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

Local Government Impact

There could be an impact on political subdivisions that are not eligible for state loans or grants following a failure to comply with certain financial reporting requirements.

Source Agencies:

LBB Staff:

JMc, SZ, BC, CWi