LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 21, 2011 TO: Honorable Larry Phillips, Chair, House Committee on Transportation FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2032 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority. Based on the analysis of TxDOT, it is assumed the provisions of the bill would not result in a direct fiscal impact to the State. Local Government Impact The Alamo Regional Mobility Authority (RMA), the Grayson County RMA and the Cameron County RMA, as well as the North Texas Tollway Authority, reported no anticipated fiscal impact associated with the bill. Source Agencies:601 Department of Transportation LBB Staff: JOB, KJG, TG, KKR LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 21, 2011 TO: Honorable Larry Phillips, Chair, House Committee on Transportation FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2032 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), Committee Report 1st House, Substituted TO: Honorable Larry Phillips, Chair, House Committee on Transportation FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB2032 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), Committee Report 1st House, Substituted Honorable Larry Phillips, Chair, House Committee on Transportation Honorable Larry Phillips, Chair, House Committee on Transportation John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board HB2032 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), Committee Report 1st House, Substituted HB2032 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority. Based on the analysis of TxDOT, it is assumed the provisions of the bill would not result in a direct fiscal impact to the State. The bill would amend provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority. Based on the analysis of TxDOT, it is assumed the provisions of the bill would not result in a direct fiscal impact to the State. Local Government Impact The Alamo Regional Mobility Authority (RMA), the Grayson County RMA and the Cameron County RMA, as well as the North Texas Tollway Authority, reported no anticipated fiscal impact associated with the bill. Source Agencies: 601 Department of Transportation 601 Department of Transportation LBB Staff: JOB, KJG, TG, KKR JOB, KJG, TG, KKR