LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 18, 2023 TO: Honorable Todd Hunter, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3943 by Goodwin (Relating to the auditing of an electric cooperative or municipally owned electric utility by an independent third party auditor after a power outage.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactThe bill could have an impact on municipally owned electric utilities related to the third party audit the bill would require after an extended power outage. Source Agencies: b > td > 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SMAT, BC, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 18, 2023 TO: Honorable Todd Hunter, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3943 by Goodwin (Relating to the auditing of an electric cooperative or municipally owned electric utility by an independent third party auditor after a power outage.), As Introduced TO: Honorable Todd Hunter, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3943 by Goodwin (Relating to the auditing of an electric cooperative or municipally owned electric utility by an independent third party auditor after a power outage.), As Introduced Honorable Todd Hunter, Chair, House Committee on State Affairs Honorable Todd Hunter, Chair, House Committee on State Affairs Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB3943 by Goodwin (Relating to the auditing of an electric cooperative or municipally owned electric utility by an independent third party auditor after a power outage.), As Introduced HB3943 by Goodwin (Relating to the auditing of an electric cooperative or municipally owned electric utility by an independent third party auditor after a power outage.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact The bill could have an impact on municipally owned electric utilities related to the third party audit the bill would require after an extended power outage. Source Agencies: b > td > 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SMAT, BC, DPE JMc, SMAT, BC, DPE