LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 6, 2023 TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture & Rural Affairs 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 Engrossed 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, SZ, KDw, JBel
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 6, 2023
TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture & Rural Affairs 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 Engrossed
TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture & Rural Affairs
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 Engrossed
Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture & Rural Affairs
Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture & Rural Affairs
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 Engrossed
HB2774 by Thompson, Ed (Relating to the treatment of income tax expenses in rate proceedings for water and sewer utilities.), As Engrossed
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, SZ, KDw, JBel
JMc, SZ, KDw, JBel