LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 20, 2015 TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB599 by Clardy (Relating to energy savings performance contracts entered into by public institutions of higher education.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would replace the Higher Education Coordinating Board (THECB) with the State Energy Conservation Office (SECO) with the responsibility of establishing guidelines and approval processes for awarding energy savings performance contracts entered into by public institutions of higher education. Costs associated with this review function at SECO would be offset by savings associated with HECB no longer being required to review the contracts. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 781 Higher Education Coordinating Board LBB Staff: UP, CL, EMu, DEH, GO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 20, 2015
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB599 by Clardy (Relating to energy savings performance contracts entered into by public institutions of higher education.), As Engrossed
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB599 by Clardy (Relating to energy savings performance contracts entered into by public institutions of higher education.), As Engrossed
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB599 by Clardy (Relating to energy savings performance contracts entered into by public institutions of higher education.), As Engrossed
HB599 by Clardy (Relating to energy savings performance contracts entered into by public institutions of higher education.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would replace the Higher Education Coordinating Board (THECB) with the State Energy Conservation Office (SECO) with the responsibility of establishing guidelines and approval processes for awarding energy savings performance contracts entered into by public institutions of higher education. Costs associated with this review function at SECO would be offset by savings associated with HECB no longer being required to review the contracts.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 781 Higher Education Coordinating Board
710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 781 Higher Education Coordinating Board
LBB Staff: UP, CL, EMu, DEH, GO
UP, CL, EMu, DEH, GO