LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 1, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2421 by Solomons (Relating to the governing body of an independent organization certified to perform certain functions for a power region.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Section 39.151(g) of the Utilities Code to provide that an independent organization must operate a regional electrical network that is contained wholly within the borders of the State of Texas in order to maintain certification with the Public Utility Commission (PUC). The bill would also modify the composition and selection of independent organization's governing body. The bill would require the PUC to conduct a rulemaking to conform existing rules relating to independent organizations to the bill's provisions. The PUC indicates that any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:473 Public Utility Commission of Texas LBB Staff: JOB, KJG, ES LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 1, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2421 by Solomons (Relating to the governing body of an independent organization certified to perform certain functions for a power region.), Committee Report 1st House, Substituted TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2421 by Solomons (Relating to the governing body of an independent organization certified to perform certain functions for a power region.), Committee Report 1st House, Substituted Honorable Burt R. Solomons, Chair, House Committee on State Affairs Honorable Burt R. Solomons, Chair, House Committee on State Affairs John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB2421 by Solomons (Relating to the governing body of an independent organization certified to perform certain functions for a power region.), Committee Report 1st House, Substituted HB2421 by Solomons (Relating to the governing body of an independent organization certified to perform certain functions for a power region.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Section 39.151(g) of the Utilities Code to provide that an independent organization must operate a regional electrical network that is contained wholly within the borders of the State of Texas in order to maintain certification with the Public Utility Commission (PUC). The bill would also modify the composition and selection of independent organization's governing body. The bill would require the PUC to conduct a rulemaking to conform existing rules relating to independent organizations to the bill's provisions. The PUC indicates that any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources. The bill would amend Section 39.151(g) of the Utilities Code to provide that an independent organization must operate a regional electrical network that is contained wholly within the borders of the State of Texas in order to maintain certification with the Public Utility Commission (PUC). The bill would also modify the composition and selection of independent organization's governing body. The bill would require the PUC to conduct a rulemaking to conform existing rules relating to independent organizations to the bill's provisions. The PUC indicates that any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: JOB, KJG, ES JOB, KJG, ES