LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 9, 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 repeal of certain legislative oversight committees.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would repeal section 39.907 and Subchapter F of Chapter 65 of the Utilities Code, which establish the electric utility restructuring legislative oversight committee and the telecommunications competitiveness legislative oversight committee. 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, the Office of Public Utility Counsel and the Texas Department of Insurance 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, 475 Office of Public Utility Counsel LBB Staff: JOB, AG, MW, RAN LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 9, 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 repeal of certain legislative oversight committees.), 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: SB781 by Carona (Relating to the repeal of certain legislative oversight committees.), 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 SB781 by Carona (Relating to the repeal of certain legislative oversight committees.), Committee Report 1st House, Substituted SB781 by Carona (Relating to the repeal of certain legislative oversight committees.), 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 repeal section 39.907 and Subchapter F of Chapter 65 of the Utilities Code, which establish the electric utility restructuring legislative oversight committee and the telecommunications competitiveness legislative oversight committee. 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, the Office of Public Utility Counsel and the Texas Department of Insurance 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, 475 Office of Public Utility Counsel 454 Department of Insurance, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: JOB, AG, MW, RAN JOB, AG, MW, RAN