LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 29, 2011 TO: Honorable Larry Phillips, Chair, House Committee on Transportation FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2574 by Phillips (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Transportation Code to prohibit a regional mobility authority (RMA) from entering into a comprehensive development agreement that would entitle a private entity ownership or leasehold interest in the transportation project or the right to operate or retain revenue from the project unless explicitly authorized by the Texas Legislature. The bill would repeal Sections 370.305(d), (e), and (f) of the Transportation Code to remove the expiration provision for the ability to enter into a comprehensive development agreement. Local Government Impact It is assumed that an RMA would enter into a comprehensive development agreement authorized by the provisions of the bill only if sufficient funds were available. The Alamo Regional Mobility Authority and the Grayson County Regional Mobility Authority reported there would be no fiscal impact to implement the provisions of the bill. Source Agencies:601 Department of Transportation LBB Staff: JOB, KJG, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 29, 2011
TO: Honorable Larry Phillips, Chair, House Committee on Transportation FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2574 by Phillips (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
TO: Honorable Larry Phillips, Chair, House Committee on Transportation
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB2574 by Phillips (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
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
HB2574 by Phillips (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
HB2574 by Phillips (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to prohibit a regional mobility authority (RMA) from entering into a comprehensive development agreement that would entitle a private entity ownership or leasehold interest in the transportation project or the right to operate or retain revenue from the project unless explicitly authorized by the Texas Legislature. The bill would repeal Sections 370.305(d), (e), and (f) of the Transportation Code to remove the expiration provision for the ability to enter into a comprehensive development agreement.
Local Government Impact
It is assumed that an RMA would enter into a comprehensive development agreement authorized by the provisions of the bill only if sufficient funds were available. The Alamo Regional Mobility Authority and the Grayson County Regional Mobility Authority reported there would be no fiscal impact to implement the provisions of the bill.
It is assumed that an RMA would enter into a comprehensive development agreement authorized by the provisions of the bill only if sufficient funds were available.
The Alamo Regional Mobility Authority and the Grayson County Regional Mobility Authority reported there would be no fiscal impact to implement the provisions of the bill.
Source Agencies: 601 Department of Transportation
601 Department of Transportation
LBB Staff: JOB, KJG, TP
JOB, KJG, TP