LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 17, 2009 TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Introduced No significant fiscal implication to the State is anticipated. The bill would authorize the Texas Transportation Institute to contract with a High-Speed Rail Corporation in order to facilitate, analyze, and implement the development of high-speed rail. The bill would authorize the High-Speed Rail Corporation to solicit federal and state funding, as well as coordinate with federal planners and adjacent state for interconnectivity. The bill would require the High-Speed Rail to submit an annual report. The Texas Transportation Institute would be able to absorb any costs associated with implementing the provisions of the bill within existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:601 Department of Transportation, 727 Texas Transportation Institute LBB Staff: JOB, KJG, RT, SK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 17, 2009
TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Introduced
Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Introduced
SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would authorize the Texas Transportation Institute to contract with a High-Speed Rail Corporation in order to facilitate, analyze, and implement the development of high-speed rail. The bill would authorize the High-Speed Rail Corporation to solicit federal and state funding, as well as coordinate with federal planners and adjacent state for interconnectivity. The bill would require the High-Speed Rail to submit an annual report. The Texas Transportation Institute would be able to absorb any costs associated with implementing the provisions of the bill within existing resources.
The bill would authorize the Texas Transportation Institute to contract with a High-Speed Rail Corporation in order to facilitate, analyze, and implement the development of high-speed rail. The bill would authorize the High-Speed Rail Corporation to solicit federal and state funding, as well as coordinate with federal planners and adjacent state for interconnectivity. The bill would require the High-Speed Rail to submit an annual report.
The Texas Transportation Institute would be able to absorb any costs associated with implementing the provisions of the bill within existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 601 Department of Transportation, 727 Texas Transportation Institute
601 Department of Transportation, 727 Texas Transportation Institute
LBB Staff: JOB, KJG, RT, SK
JOB, KJG, RT, SK