LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 19, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2603 by Smithee (Relating to the distribution of universal service funds to certain small and rural local exchange companies.), Committee Report 2nd House, Substituted No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas LBB Staff: JOB, AG, RAN, KJG LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 19, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2603 by Smithee (Relating to the distribution of universal service funds to certain small and rural local exchange companies.), Committee Report 2nd House, Substituted TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB2603 by Smithee (Relating to the distribution of universal service funds to certain small and rural local exchange companies.), Committee Report 2nd House, Substituted 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 HB2603 by Smithee (Relating to the distribution of universal service funds to certain small and rural local exchange companies.), Committee Report 2nd House, Substituted HB2603 by Smithee (Relating to the distribution of universal service funds to certain small and rural local exchange companies.), Committee Report 2nd House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas LBB Staff: JOB, AG, RAN, KJG JOB, AG, RAN, KJG