84th Texas Legislature, Regular Session, House Bill 2667, Chapter 364 Page: 7 of 10
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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 21, 2015
TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business
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.), Committee Report 1st House, SubstitutedEstimated Two-year Net Impact to General Revenue Related Funds for HB2667, Committee
Report 1st House, Substituted: 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 Gain/(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 SmallPage 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/m1/7/?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.