LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 18, 2013 TO: Honorable Robert Nichols, Chair, Senate Committee On Transportation FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB638 by Paxton (Relating to performance and payment security for certain comprehensive development agreements.), As Introduced No fiscal implication to the State is anticipated. The bill would amend provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority. Based on the analysis of TxDOT, it is assumed the provisions of the bill would not result in a direct fiscal impact to the State. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:601 Department of Transportation LBB Staff: UP, AG, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 18, 2013
TO: Honorable Robert Nichols, Chair, Senate Committee On Transportation FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB638 by Paxton (Relating to performance and payment security for certain comprehensive development agreements.), As Introduced
TO: Honorable Robert Nichols, Chair, Senate Committee On Transportation
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB638 by Paxton (Relating to performance and payment security for certain comprehensive development agreements.), As Introduced
Honorable Robert Nichols, Chair, Senate Committee On Transportation
Honorable Robert Nichols, Chair, Senate Committee On Transportation
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB638 by Paxton (Relating to performance and payment security for certain comprehensive development agreements.), As Introduced
SB638 by Paxton (Relating to performance and payment security for certain 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 provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority. Based on the analysis of TxDOT, it is assumed the provisions of the bill would not result in a direct fiscal impact to the State.
The bill would amend provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 601 Department of Transportation
601 Department of Transportation
LBB Staff: UP, AG, TG
UP, AG, TG