LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 9, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1309 by Hinojosa (Relating to rate adjustments by gas utilities.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would authorize the Railroad Commission or a municipal regulatory authority to approve gas utility service rate adjustments based on changes in a gas utilitys revenues, expenses, or investments. The bill would also provide that the Railroad Commission shall presume reasonable any tariff or rate schedule to which a gas utility and a municipality agree. Passage of the bill is not expected to result in any signficant costs to the Railroad Commission. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:455 Railroad Commission LBB Staff: JOB, AG, TL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 9, 2011
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1309 by Hinojosa (Relating to rate adjustments by gas utilities.), Committee Report 1st House, Substituted
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1309 by Hinojosa (Relating to rate adjustments by gas utilities.), Committee Report 1st 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
SB1309 by Hinojosa (Relating to rate adjustments by gas utilities.), Committee Report 1st House, Substituted
SB1309 by Hinojosa (Relating to rate adjustments by gas utilities.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would authorize the Railroad Commission or a municipal regulatory authority to approve gas utility service rate adjustments based on changes in a gas utilitys revenues, expenses, or investments. The bill would also provide that the Railroad Commission shall presume reasonable any tariff or rate schedule to which a gas utility and a municipality agree. Passage of the bill is not expected to result in any signficant costs to the Railroad Commission.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 455 Railroad Commission
455 Railroad Commission
LBB Staff: JOB, AG, TL
JOB, AG, TL