LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 3, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3478 by Gallego (Relating to this state's goal for renewable energy.), As Introduced No significant fiscal implication to the State is anticipated. The bill would increase goals for the state's renewable energy capacity from sources other than high-capacity wind energy. The bill would require the Public Utility Commission (PUC) to adopt rules to include these new goals. The bill would also require the PUC to establish an alternative compliance payment so that an entity that has a renewable energy purchase requirement may elect to pay the alternative compliance payment instead of applying renewable energy credits to meet its obligation. The PUC anticipates the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing 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, JRO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 3, 2009
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3478 by Gallego (Relating to this state's goal for renewable energy.), As Introduced
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3478 by Gallego (Relating to this state's goal for renewable energy.), As Introduced
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
HB3478 by Gallego (Relating to this state's goal for renewable energy.), As Introduced
HB3478 by Gallego (Relating to this state's goal for renewable energy.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would increase goals for the state's renewable energy capacity from sources other than high-capacity wind energy. The bill would require the Public Utility Commission (PUC) to adopt rules to include these new goals. The bill would also require the PUC to establish an alternative compliance payment so that an entity that has a renewable energy purchase requirement may elect to pay the alternative compliance payment instead of applying renewable energy credits to meet its obligation. The PUC anticipates the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
The bill would increase goals for the state's renewable energy capacity from sources other than high-capacity wind energy. The bill would require the Public Utility Commission (PUC) to adopt rules to include these new goals. The bill would also require the PUC to establish an alternative compliance payment so that an entity that has a renewable energy purchase requirement may elect to pay the alternative compliance payment instead of applying renewable energy credits to meet its obligation.
The PUC anticipates the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing 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, JRO
JOB, KJG, ES, JRO