LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 18, 2021 TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB16 by Hernandez (Relating to a prohibition on the sale of wholesale indexed products by retail electric providers.), As Introduced No significant fiscal implication to the State is anticipated. The Public Utility Commission anticipates that the costs associated with the bill's provisions relating to a prohibition on the sale of wholesale indexed products by retail electric providers could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: b > td > JMc, SMat, MB, RRe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 18, 2021 TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB16 by Hernandez (Relating to a prohibition on the sale of wholesale indexed products by retail electric providers.), As Introduced TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB16 by Hernandez (Relating to a prohibition on the sale of wholesale indexed products by retail electric providers.), As Introduced Honorable Chris Paddie, Chair, House Committee on State Affairs Honorable Chris Paddie, Chair, House Committee on State Affairs Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB16 by Hernandez (Relating to a prohibition on the sale of wholesale indexed products by retail electric providers.), As Introduced HB16 by Hernandez (Relating to a prohibition on the sale of wholesale indexed products by retail electric providers.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The Public Utility Commission anticipates that the costs associated with the bill's provisions relating to a prohibition on the sale of wholesale indexed products by retail electric providers could be absorbed using existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: b > td > JMc, SMat, MB, RRe JMc, SMat, MB, RRe