LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 18, 2009 TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2565 by Averitt (Relating to adjustments of rates of certain telecommunications utilities for changes in certain tax liabilities.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would repeal Section 53.202 of the Utilities Code, which directs the Public Utility Commission (PUC) to provide in certain instances adjustments of a utility's billing to reflect an increase or decrease in the utility's tax liability to the state. The bill would require the PUC to amend existing rules to conform to the provisions of the bill. The PUC indicates it could absorb the costs associated with the bill 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, JRO, ES
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 18, 2009
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2565 by Averitt (Relating to adjustments of rates of certain telecommunications utilities for changes in certain tax liabilities.), As Engrossed
TO: Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB2565 by Averitt (Relating to adjustments of rates of certain telecommunications utilities for changes in certain tax liabilities.), As Engrossed
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
SB2565 by Averitt (Relating to adjustments of rates of certain telecommunications utilities for changes in certain tax liabilities.), As Engrossed
SB2565 by Averitt (Relating to adjustments of rates of certain telecommunications utilities for changes in certain tax liabilities.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would repeal Section 53.202 of the Utilities Code, which directs the Public Utility Commission (PUC) to provide in certain instances adjustments of a utility's billing to reflect an increase or decrease in the utility's tax liability to the state. The bill would require the PUC to amend existing rules to conform to the provisions of the bill. The PUC indicates it could absorb the costs associated with the bill within existing resources.
The bill would repeal Section 53.202 of the Utilities Code, which directs the Public Utility Commission (PUC) to provide in certain instances adjustments of a utility's billing to reflect an increase or decrease in the utility's tax liability to the state. The bill would require the PUC to amend existing rules to conform to the provisions of the bill.
The PUC indicates it could absorb the costs associated with the bill 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, JRO, ES
JOB, KJG, JRO, ES