LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 14, 2015 TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB734 by Fraser (Relating to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas.), As Introduced No significant fiscal implication to the State is anticipated. This bill would amend the Utilities Code related to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas. Based on information provided by the Public Utility Commission and the Office of Public Utility Counsel, 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:473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: UP, SZ, NV, JLi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
March 14, 2015
TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB734 by Fraser (Relating to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas.), As Introduced
TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB734 by Fraser (Relating to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas.), As Introduced
Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB734 by Fraser (Relating to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas.), As Introduced
SB734 by Fraser (Relating to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend the Utilities Code related to the setting of annual interest rates for utility deposits by the Public Utility Commission of Texas. Based on information provided by the Public Utility Commission and the Office of Public Utility Counsel, 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: 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel
473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel
LBB Staff: UP, SZ, NV, JLi
UP, SZ, NV, JLi