LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 13, 2009 TO: Honorable Joseph Pickett, Chair, House Committee on Transportation FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2736 by Kolkhorst (Relating to approval and certification of certain comprehensive development agreements.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Transportation Code to require a comprehensive development agreement (CDA), including a facility agreement under a CDA, under which a private entity will operate and/or be entitled to receive revenue from a toll project to be reviewed by the Attorney General for legal sufficiency as prescribed by current law; and, if approved by the Attorney General, reviewed by the Comptroller for financial viability and signed and certified if approved by the Comptroller. Based on the analysis provided by the offices of the Attorney General and the Comptroller, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General, 304 Comptroller of Public Accounts, 601 Department of Transportation LBB Staff: JOB, KJG, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 13, 2009
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2736 by Kolkhorst (Relating to approval and certification of certain comprehensive development agreements.), As Introduced
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2736 by Kolkhorst (Relating to approval and certification of certain comprehensive development agreements.), As Introduced
Honorable Joseph Pickett, Chair, House Committee on Transportation
Honorable Joseph Pickett, Chair, House Committee on Transportation
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2736 by Kolkhorst (Relating to approval and certification of certain comprehensive development agreements.), As Introduced
HB2736 by Kolkhorst (Relating to approval and certification of certain comprehensive development agreements.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to require a comprehensive development agreement (CDA), including a facility agreement under a CDA, under which a private entity will operate and/or be entitled to receive revenue from a toll project to be reviewed by the Attorney General for legal sufficiency as prescribed by current law; and, if approved by the Attorney General, reviewed by the Comptroller for financial viability and signed and certified if approved by the Comptroller. Based on the analysis provided by the offices of the Attorney General and the Comptroller, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.
The bill would amend the Transportation Code to require a comprehensive development agreement (CDA), including a facility agreement under a CDA, under which a private entity will operate and/or be entitled to receive revenue from a toll project to be reviewed by the Attorney General for legal sufficiency as prescribed by current law; and, if approved by the Attorney General, reviewed by the Comptroller for financial viability and signed and certified if approved by the Comptroller.
Based on the analysis provided by the offices of the Attorney General and the Comptroller, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 601 Department of Transportation
302 Office of the Attorney General, 304 Comptroller of Public Accounts, 601 Department of Transportation
LBB Staff: JOB, KJG, TG
JOB, KJG, TG