LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 3, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1753 by Gallego (Relating to the threshold amount at which public utilities are required to report a transaction.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Utilities Code to raise the threshold amount at which a public utility is required to report the sale, acquisition or lease of a plant to the Public Utility Commission. Based on the analysis of the Public Utility Commission, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing 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, AG, KJG, RAN
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 3, 2011
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1753 by Gallego (Relating to the threshold amount at which public utilities are required to report a transaction.), As Engrossed
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB1753 by Gallego (Relating to the threshold amount at which public utilities are required to report a transaction.), As Engrossed
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Honorable John Carona, Chair, Senate Committee on Business & Commerce
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB1753 by Gallego (Relating to the threshold amount at which public utilities are required to report a transaction.), As Engrossed
HB1753 by Gallego (Relating to the threshold amount at which public utilities are required to report a transaction.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Utilities Code to raise the threshold amount at which a public utility is required to report the sale, acquisition or lease of a plant to the Public Utility Commission. Based on the analysis of the Public Utility Commission, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing 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, AG, KJG, RAN
JOB, AG, KJG, RAN