LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 19, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4492 by Paddie (Relating to securitizing costs associated with electric markets; granting authority to issue bonds.), As Engrossed No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to securitizing costs associated with electric markets and granting authority to issue bonds could be absorbed using existing resources.The effective date of the bill is contingent on passage of other legislation. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 307 Secretary of State, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: b > td > JMc, SZ, MB, RRE, SMAT
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 19, 2021
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4492 by Paddie (Relating to securitizing costs associated with electric markets; granting authority to issue bonds.), As Engrossed
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4492 by Paddie (Relating to securitizing costs associated with electric markets; granting authority to issue bonds.), As Engrossed
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
HB4492 by Paddie (Relating to securitizing costs associated with electric markets; granting authority to issue bonds.), As Engrossed
HB4492 by Paddie (Relating to securitizing costs associated with electric markets; granting authority to issue bonds.), As Engrossed
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 securitizing costs associated with electric markets and granting authority to issue bonds could be absorbed using existing resources.The effective date of the bill is contingent on passage of other legislation.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 307 Secretary of State, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel
307 Secretary of State, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel
LBB Staff: b > td > JMc, SZ, MB, RRE, SMAT
JMc, SZ, MB, RRE, SMAT