LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 22, 2011 TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1145 by Shapiro (Relating to comprehensive development agreements.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Transportation Code to authorize the Texas Department of Transportation (TxDOT) to enter into a comprehensive development agreement relating to managed lane improvements to a section State Highway 183. The authorization would expire on August 31, 2013. The bill would amend Section 371.101, Transportation Code, to specify contract provisions and procedures required to be included in a CDA of toll project entity to authorize the toll project entity to purchase the interest of a private participant in a toll project subject to the agreement. Based on the information and analysis provided by TxDOT, it is assumed that any costs or duties associated with implementing the proposed CDA would be accommodated within existing resources and through the allocation of the agency's existing highway planning and construction appropriations. Local Government Impact Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government. Source Agencies:601 Department of Transportation LBB Staff: JOB, KJG, TG, CWS, KKR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 22, 2011
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1145 by Shapiro (Relating to 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: SB1145 by Shapiro (Relating to 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
SB1145 by Shapiro (Relating to comprehensive development agreements.), As Introduced
SB1145 by Shapiro (Relating to comprehensive development agreements.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to authorize the Texas Department of Transportation (TxDOT) to enter into a comprehensive development agreement relating to managed lane improvements to a section State Highway 183. The authorization would expire on August 31, 2013. The bill would amend Section 371.101, Transportation Code, to specify contract provisions and procedures required to be included in a CDA of toll project entity to authorize the toll project entity to purchase the interest of a private participant in a toll project subject to the agreement. Based on the information and analysis provided by TxDOT, it is assumed that any costs or duties associated with implementing the proposed CDA would be accommodated within existing resources and through the allocation of the agency's existing highway planning and construction appropriations.
The bill would amend the Transportation Code to authorize the Texas Department of Transportation (TxDOT) to enter into a comprehensive development agreement relating to managed lane improvements to a section State Highway 183. The authorization would expire on August 31, 2013. The bill would amend Section 371.101, Transportation Code, to specify contract provisions and procedures required to be included in a CDA of toll project entity to authorize the toll project entity to purchase the interest of a private participant in a toll project subject to the agreement.
Based on the information and analysis provided by TxDOT, it is assumed that any costs or duties associated with implementing the proposed CDA would be accommodated within existing resources and through the allocation of the agency's existing highway planning and construction appropriations.
Local Government Impact
Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government.
Source Agencies: 601 Department of Transportation
601 Department of Transportation
LBB Staff: JOB, KJG, TG, CWS, KKR
JOB, KJG, TG, CWS, KKR