LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 5, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3820 by Swinford (Relating to the governance and disclosure requirements of electric cooperative corporations and the review of complaints of electric cooperative corporation members by the Office of the Attorney General.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Utilities Code relating to the governance and disclosure requirements of electric cooperative corporations and the review of related complaints. The Office of Attorney General (OAG) may file suit to restrain or prevent violations, however, the suit must be filed no later than one year after the date on which the member filed the complaint with the OAG. If the OAG prevails in a lawsuit against an electric cooperative, it may recover its reasonable expenses, court costs investigative costs, and attorneys fees. The OAG anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General LBB Staff: JOB, KJG, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 5, 2009
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3820 by Swinford (Relating to the governance and disclosure requirements of electric cooperative corporations and the review of complaints of electric cooperative corporation members by the Office of the Attorney General.), As Introduced
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3820 by Swinford (Relating to the governance and disclosure requirements of electric cooperative corporations and the review of complaints of electric cooperative corporation members by the Office of the Attorney General.), 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
HB3820 by Swinford (Relating to the governance and disclosure requirements of electric cooperative corporations and the review of complaints of electric cooperative corporation members by the Office of the Attorney General.), As Introduced
HB3820 by Swinford (Relating to the governance and disclosure requirements of electric cooperative corporations and the review of complaints of electric cooperative corporation members by the Office of the Attorney General.), 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 Utilities Code relating to the governance and disclosure requirements of electric cooperative corporations and the review of related complaints. The Office of Attorney General (OAG) may file suit to restrain or prevent violations, however, the suit must be filed no later than one year after the date on which the member filed the complaint with the OAG. If the OAG prevails in a lawsuit against an electric cooperative, it may recover its reasonable expenses, court costs investigative costs, and attorneys fees. The OAG anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources.
The bill would amend the Utilities Code relating to the governance and disclosure requirements of electric cooperative corporations and the review of related complaints. The Office of Attorney General (OAG) may file suit to restrain or prevent violations, however, the suit must be filed no later than one year after the date on which the member filed the complaint with the OAG. If the OAG prevails in a lawsuit against an electric cooperative, it may recover its reasonable expenses, court costs investigative costs, and attorneys fees.
The OAG anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General
302 Office of the Attorney General
LBB Staff: JOB, KJG, DB
JOB, KJG, DB