84th Texas Legislature, Regular Session, House Bill 2667, Chapter 364 Page: 5 of 10
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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 8, 2015
TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic
Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2667 by Ashby (Relating to the abolishment of certain programs administered by the
Texas Economic Development Bank.), As EngrossedEstimated Two-year Net Impact to General Revenue Related Funds for HB2667, As
Engrossed: a positive impact of $846,024 through the biennium ending August 31, 2017.
The bill would make no appropriation but could provide the legal basis for an appropriation of
funds to implement the provisions of the bill.
General Revenue-Related Funds, Five-Year Impact:
Fiscal Year Probable Net Positive/(Negative) Impact
to General Revenue Related Funds
2016 $846,024
2017 $0
2018 $0
2019 $0
2020 $0
All Funds, Five-Year Impact:
Probable Revenue Gainl(Loss) from
Fiscal Year General Revenue Fund
1
2016 $846,024
2017 $0
2018 $0
2019 $0
2020 $0
Fiscal Analysis
The bill would abolish the Linked Deposit and the Texas Small Business Industrial Development
Corporation programs. The bill would transfer all revenue or other money of the Texas Small
Business Industrial Development Corporation to the Economic Development Bank. The bill wouldPage 1 of 2
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Texas. Legislature. House of Representatives. 84th Texas Legislature, Regular Session, House Bill 2667, Chapter 364, legislative document, June 9, 2015; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth705406/m1/5/?rotate=90: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.