LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 31, 2023 TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2774 by Thompson, Ed (Relating to the treatment of income tax expenses in rate proceedings for water and sewer utilities.), As Introduced No significant fiscal implication to the State is anticipated. Based on the analysis of the Public Utility Commission of Texas and the Office of Public Utility Counsel, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo significant 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, KDw, JBel LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 31, 2023 TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2774 by Thompson, Ed (Relating to the treatment of income tax expenses in rate proceedings for water and sewer utilities.), As Introduced TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2774 by Thompson, Ed (Relating to the treatment of income tax expenses in rate proceedings for water and sewer utilities.), As Introduced Honorable Tracy O. King, Chair, House Committee on Natural Resources Honorable Tracy O. King, Chair, House Committee on Natural Resources Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB2774 by Thompson, Ed (Relating to the treatment of income tax expenses in rate proceedings for water and sewer utilities.), As Introduced HB2774 by Thompson, Ed (Relating to the treatment of income tax expenses in rate proceedings for water and sewer utilities.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. Based on the analysis of the Public Utility Commission of Texas and the Office of Public Utility Counsel, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant 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, KDw, JBel JMc, KDw, JBel