LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 18, 2009 TO: Honorable Joseph Pickett, Chair, House Committee on Transportation 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 Engrossed No significant fiscal implication to the State is anticipated. The bill amend the Transportation Code to require the Texas Transportation Commission (TTC) to create the Texas High-speed Rail Corporation. The bill would require the corporation to have a seven-member board appointed by TTC as prescribed by the bill. The bill would authorize TTC to direct the corporation to plan and develop a high-speed rail facility; solicit federal funding to be allocated to the Texas Department of Transportation (TxDOT) for the purposes of the bill; coordinate with federal planners and representatives from adjacent states and represent and negotiate on behalf of this state for the interconnectivity of high-speed rail systems with other existing and planned transportation systems. The bill would require TxDOT to submit an annual report regarding the activities of TxDOT and the corporation. 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 the agency's 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
May 18, 2009
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation 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 Engrossed
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation
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 Engrossed
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
SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Engrossed
SB1570 by Carona (Relating to the facilitation, analysis, and implementation of high-speed passenger rail in this state.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill amend the Transportation Code to require the Texas Transportation Commission (TTC) to create the Texas High-speed Rail Corporation. The bill would require the corporation to have a seven-member board appointed by TTC as prescribed by the bill. The bill would authorize TTC to direct the corporation to plan and develop a high-speed rail facility; solicit federal funding to be allocated to the Texas Department of Transportation (TxDOT) for the purposes of the bill; coordinate with federal planners and representatives from adjacent states and represent and negotiate on behalf of this state for the interconnectivity of high-speed rail systems with other existing and planned transportation systems. The bill would require TxDOT to submit an annual report regarding the activities of TxDOT and the corporation. 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 the agency's existing resources.
The bill amend the Transportation Code to require the Texas Transportation Commission (TTC) to create the Texas High-speed Rail Corporation. The bill would require the corporation to have a seven-member board appointed by TTC as prescribed by the bill. The bill would authorize TTC to direct the corporation to plan and develop a high-speed rail facility; solicit federal funding to be allocated to the Texas Department of Transportation (TxDOT) for the purposes of the bill; coordinate with federal planners and representatives from adjacent states and represent and negotiate on behalf of this state for the interconnectivity of high-speed rail systems with other existing and planned transportation systems. The bill would require TxDOT to submit an annual report regarding the activities of TxDOT and the corporation.
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 the agency's existing resources.
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