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Relating to the continuation and functions of the State Securities
Estimated Two-year Net Impact to General Revenue Related Funds for HB1535, As introduced: a negative impact of ($851,700) through the biennium ending August 31, 2021.
HB 1535 is the sunset bill for the State Securities Board (SSB). The bill would add additional reporting, rulemaking and procedural requirements for the board including training and information on updating complaint information.
Texas Action is neutral on HB 1535 because it does not affect our liberty principles.