LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 30, 2011 TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1138 by Watson (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, TP, KJG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 30, 2011
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1138 by Watson (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1138 by Watson (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
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
SB1138 by Watson (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced
SB1138 by Watson (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, TP, KJG
JOB, TP, KJG