LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 16, 2011 TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security 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.), As Engrossed 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
May 16, 2011
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security 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.), As Engrossed
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
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.), As Engrossed
Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
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.), As Engrossed
HB2032 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), As Engrossed
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