LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 2, 2023 TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2357 by Harris, Cody (Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.), As Introduced No significant fiscal implication to the State is anticipated. The bill would require an entity that proposes a high-speed rail project, that is included in the Texas Rail Plan, to submit to the Texas Department of Transportation (TxDOT) certain information regarding the project's method of financing, estimated costs, and other financial disclosures each year the project is included in the Rail Plan. The bill would require TxDOT to make this information available to the public on the department's Internet website. Based on the information provided by TxDOT, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 601 Department of Transportation LBB Staff: b > td > JMc, AAL, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 2, 2023
TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2357 by Harris, Cody (Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.), As Introduced
TO: Honorable Terry Canales, Chair, House Committee on Transportation
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2357 by Harris, Cody (Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.), As Introduced
Honorable Terry Canales, Chair, House Committee on Transportation
Honorable Terry Canales, Chair, House Committee on Transportation
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2357 by Harris, Cody (Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.), As Introduced
HB2357 by Harris, Cody (Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would require an entity that proposes a high-speed rail project, that is included in the Texas Rail Plan, to submit to the Texas Department of Transportation (TxDOT) certain information regarding the project's method of financing, estimated costs, and other financial disclosures each year the project is included in the Rail Plan. The bill would require TxDOT to make this information available to the public on the department's Internet website. Based on the information provided by TxDOT, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources.
Based on the information provided by TxDOT, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the department's existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 601 Department of Transportation
601 Department of Transportation
LBB Staff: b > td > JMc, AAL, TG
JMc, AAL, TG