LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 3, 2017 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2235 by Murphy (Relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities.), As Introduced No significant fiscal implication to the State is anticipated. The bill amends the Utilities Code relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities. The Public Utility Commission indicates it could absorb the costs associated with the bill within its current resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:473 Public Utility Commission of Texas LBB Staff: UP, AG, EH, AO, CL LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 3, 2017 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2235 by Murphy (Relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities.), As Introduced TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2235 by Murphy (Relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities.), As Introduced Honorable Byron Cook, Chair, House Committee on State Affairs Honorable Byron Cook, Chair, House Committee on State Affairs Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB2235 by Murphy (Relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities.), As Introduced HB2235 by Murphy (Relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill amends the Utilities Code relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities. The Public Utility Commission indicates it could absorb the costs associated with the bill within its current resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: UP, AG, EH, AO, CL UP, AG, EH, AO, CL