LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 6, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB631 by Turner, Sylvester (Relating to the regulation of retail electric providers.), As Introduced No significant fiscal implication to the State is anticipated. This bill would amend the Utilities Code to require Retail Electric Providers (REPs) to submit financial reports to the Public Utility Commission for monitoring. Based on information provided by the Public Utility Commission, it is assumed that costs of the duties and responsibilities 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:473 Public Utility Commission of Texas LBB Staff: JOB, KJG, MW, ES
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 6, 2009
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB631 by Turner, Sylvester (Relating to the regulation of retail electric providers.), As Introduced
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB631 by Turner, Sylvester (Relating to the regulation of retail electric providers.), 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
HB631 by Turner, Sylvester (Relating to the regulation of retail electric providers.), As Introduced
HB631 by Turner, Sylvester (Relating to the regulation of retail electric providers.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend the Utilities Code to require Retail Electric Providers (REPs) to submit financial reports to the Public Utility Commission for monitoring. Based on information provided by the Public Utility Commission, it is assumed that costs of the duties and responsibilities associated with implementing the provisions of the bill could be absorbed within existing resources.
This bill would amend the Utilities Code to require Retail Electric Providers (REPs) to submit financial reports to the Public Utility Commission for monitoring.
Based on information provided by the Public Utility Commission, it is assumed that costs of the duties and responsibilities 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: 473 Public Utility Commission of Texas
473 Public Utility Commission of Texas
LBB Staff: JOB, KJG, MW, ES
JOB, KJG, MW, ES