LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 14, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1757 by Hancock (relating to securitizing costs associated with electric markets; granting authority to issue bonds.), Committee Report 1st 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 securitizing costs associated with electric markets and granting authority to issue bonds could be absorbed using existing resources. Local Government ImpactThe fiscal implications of the bill cannot be determined at this time. Source Agencies: b > td > 304 Comptroller of Public Accounts, 307 Secretary of State, 352 Bond Review Board, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel LBB Staff: b > td > JMc, SZ, MB, RRE
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 14, 2021
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1757 by Hancock (relating to securitizing costs associated with electric markets; granting authority to issue bonds.), Committee Report 1st House, Substituted
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1757 by Hancock (relating to securitizing costs associated with electric markets; granting authority to issue bonds.), Committee Report 1st 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
SB1757 by Hancock (relating to securitizing costs associated with electric markets; granting authority to issue bonds.), Committee Report 1st House, Substituted
SB1757 by Hancock (relating to securitizing costs associated with electric markets; granting authority to issue bonds.), Committee Report 1st 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 securitizing costs associated with electric markets and granting authority to issue bonds could be absorbed using existing resources.
Local Government Impact
The fiscal implications of the bill cannot be determined at this time.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 307 Secretary of State, 352 Bond Review Board, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel
304 Comptroller of Public Accounts, 307 Secretary of State, 352 Bond Review Board, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel
LBB Staff: b > td > JMc, SZ, MB, RRE
JMc, SZ, MB, RRE