LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 22, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB16 by Hernandez (relating to the regulation of certain retail electric products.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to the regulation of certain retail electric products could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SZ, MB, RRE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 22, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB16 by Hernandez (relating to the regulation of certain retail electric products.), Committee Report 2nd House, Substituted TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB16 by Hernandez (relating to the regulation of certain retail electric products.), Committee Report 2nd House, Substituted Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB16 by Hernandez (relating to the regulation of certain retail electric products.), Committee Report 2nd House, Substituted HB16 by Hernandez (relating to the regulation of certain retail electric products.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to the regulation of certain retail electric products could be absorbed using existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SZ, MB, RRE JMc, SZ, MB, RRE