LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 24, 2017 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB787 by Parker (Relating to the security of the electric grid.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Utilities Code relating to the security of the electric grid. The bill would establish the Electric Grid Security Advisory Committee. The Committee is required to study critical infrastructure and its vulnerability to electromagnetic pulse and cybersecurity threats, and to report its findings and any recommendations by December 1, 2018 to the governor. Should the legislature, in consultation with the governor, determine based on the Committee's findings that upgrades to the electric grid are necessary, it shall determine whether upgrades will be funded by appropriating General Revenue Funds or through a ratepayer cost recovery mechanism.Based on information provided by the Public Utility Commission, Office of Public Utility Counsel, and the Office of the Governor, 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 According to the Texas Municipal League, no fiscal implication to units of local government is anticipated. Source Agencies:300 Trusteed Programs Within the Office of the Governor, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel, 301 Office of the Governor LBB Staff: UP, AO, AG, EH, LBe, NV, JLi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 24, 2017
TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB787 by Parker (Relating to the security of the electric grid.), Committee Report 1st House, Substituted
TO: Honorable Byron Cook, Chair, House Committee on State Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB787 by Parker (Relating to the security of the electric grid.), Committee Report 1st House, Substituted
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
HB787 by Parker (Relating to the security of the electric grid.), Committee Report 1st House, Substituted
HB787 by Parker (Relating to the security of the electric grid.), 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 amend the Utilities Code relating to the security of the electric grid. The bill would establish the Electric Grid Security Advisory Committee. The Committee is required to study critical infrastructure and its vulnerability to electromagnetic pulse and cybersecurity threats, and to report its findings and any recommendations by December 1, 2018 to the governor. Should the legislature, in consultation with the governor, determine based on the Committee's findings that upgrades to the electric grid are necessary, it shall determine whether upgrades will be funded by appropriating General Revenue Funds or through a ratepayer cost recovery mechanism.Based on information provided by the Public Utility Commission, Office of Public Utility Counsel, and the Office of the Governor, 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
According to the Texas Municipal League, no fiscal implication to units of local government is anticipated.
Source Agencies: 300 Trusteed Programs Within the Office of the Governor, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel, 301 Office of the Governor
300 Trusteed Programs Within the Office of the Governor, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel, 301 Office of the Governor
LBB Staff: UP, AO, AG, EH, LBe, NV, JLi
UP, AO, AG, EH, LBe, NV, JLi