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:HB4340 by Parker (Relating to the use of certain money in the state highway fund received from a project or system and held in a subaccount for the benefit of the region in which the project or system is located.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Transportation Code to require the Texas Department of Transportation (TxDOT) to enter into an agreement or agreements with local governmental entities for the distribution of money held in toll project subaccounts to the local entities within an applicable region that are authorized to construct, maintain, or operate projects that are eligible for funding with that money. Based on the analysis of TxDOT, 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 significant fiscal implication to units of local government is anticipated. Source Agencies: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:HB4340 by Parker (Relating to the use of certain money in the state highway fund received from a project or system and held in a subaccount for the benefit of the region in which the project or system is located.), As Introduced
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB4340 by Parker (Relating to the use of certain money in the state highway fund received from a project or system and held in a subaccount for the benefit of the region in which the project or system is located.), 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
HB4340 by Parker (Relating to the use of certain money in the state highway fund received from a project or system and held in a subaccount for the benefit of the region in which the project or system is located.), As Introduced
HB4340 by Parker (Relating to the use of certain money in the state highway fund received from a project or system and held in a subaccount for the benefit of the region in which the project or system is located.), 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 the Texas Department of Transportation (TxDOT) to enter into an agreement or agreements with local governmental entities for the distribution of money held in toll project subaccounts to the local entities within an applicable region that are authorized to construct, maintain, or operate projects that are eligible for funding with that money. Based on the analysis of TxDOT, 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 the Texas Department of Transportation (TxDOT) to enter into an agreement or agreements with local governmental entities for the distribution of money held in toll project subaccounts to the local entities within an applicable region that are authorized to construct, maintain, or operate projects that are eligible for funding with that money.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 601 Department of Transportation
601 Department of Transportation
LBB Staff: JOB, KJG, TG
JOB, KJG, TG