LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 7, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB781 by Carona (Relating to the functions and responsibilities of certain legislative oversight committees.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Public Utility Regulatory Act to change the times and frequency with which the electric utility restructuring oversight committee and the telecommunications competitiveness legislative oversight committee meet and provide reports. The bill would repeal Chapter 1801 of the Insurance Code, which establishes a property and casualty insurance legislative oversight committee. Based on the analysis of the Public Utility Commission and the Texas Department of Insurance, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance, 473 Public Utility Commission of Texas LBB Staff: JOB, AG, MW, RAN, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 7, 2011
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB781 by Carona (Relating to the functions and responsibilities of certain legislative oversight committees.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB781 by Carona (Relating to the functions and responsibilities of certain legislative oversight committees.), As Introduced
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
SB781 by Carona (Relating to the functions and responsibilities of certain legislative oversight committees.), As Introduced
SB781 by Carona (Relating to the functions and responsibilities of certain legislative oversight committees.), 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 Public Utility Regulatory Act to change the times and frequency with which the electric utility restructuring oversight committee and the telecommunications competitiveness legislative oversight committee meet and provide reports. The bill would repeal Chapter 1801 of the Insurance Code, which establishes a property and casualty insurance legislative oversight committee. Based on the analysis of the Public Utility Commission and the Texas Department of Insurance, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance, 473 Public Utility Commission of Texas
454 Department of Insurance, 473 Public Utility Commission of Texas
LBB Staff: JOB, AG, MW, RAN, CH
JOB, AG, MW, RAN, CH