LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 23, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1423 by Huffman (Relating to goals for renewable energy capacity derived from renewable energy sources other than sources using wind energy.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Section 39.904 of the Utilities Code to change the target for achieving 10,000 megawatts of renewable energy by 2025 to a goal and increasing the goal of non-wind renewable energy to 3000 megawatts. The bill would require the Public Utility Commission to adopt rules to implement these changes. The Public Utility Commission anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current 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, JRO, ES LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 23, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1423 by Huffman (Relating to goals for renewable energy capacity derived from renewable energy sources other than sources using wind energy.), As Introduced TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB1423 by Huffman (Relating to goals for renewable energy capacity derived from renewable energy sources other than sources using wind energy.), As Introduced Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB1423 by Huffman (Relating to goals for renewable energy capacity derived from renewable energy sources other than sources using wind energy.), As Introduced SB1423 by Huffman (Relating to goals for renewable energy capacity derived from renewable energy sources other than sources using wind energy.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Section 39.904 of the Utilities Code to change the target for achieving 10,000 megawatts of renewable energy by 2025 to a goal and increasing the goal of non-wind renewable energy to 3000 megawatts. The bill would require the Public Utility Commission to adopt rules to implement these changes. The Public Utility Commission anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources. The bill would amend Section 39.904 of the Utilities Code to change the target for achieving 10,000 megawatts of renewable energy by 2025 to a goal and increasing the goal of non-wind renewable energy to 3000 megawatts. The bill would require the Public Utility Commission to adopt rules to implement these changes. The Public Utility Commission anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current 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, JRO, ES JOB, JRO, ES