LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 22, 2021 TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2586 by Thierry (Relating to an annual audit of the independent organization certified for the ERCOT power region.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to an annual audit of the independent organization certified for the ERCOT power region would be paid for by ERCOT and overseen by the Public Utility Commission (PUC). The cost to the PUC would not be significant and 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, 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 22, 2021 TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2586 by Thierry (Relating to an annual audit of the independent organization certified for the ERCOT power region.), As Introduced TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2586 by Thierry (Relating to an annual audit of the independent organization certified for the ERCOT power region.), 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 HB2586 by Thierry (Relating to an annual audit of the independent organization certified for the ERCOT power region.), As Introduced HB2586 by Thierry (Relating to an annual audit of the independent organization certified for the ERCOT power region.), As Introduced 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 an annual audit of the independent organization certified for the ERCOT power region would be paid for by ERCOT and overseen by the Public Utility Commission (PUC). The cost to the PUC would not be significant and 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, 475 Office of Public Utility Counsel 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: b > td > JMc, SMAT, MB, RRE JMc, SMAT, MB, RRE