LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 10, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1016 by King (Relating to the consideration of employee compensation and benefits in establishing the rates of electric utilities.), As Introduced No significant fiscal implication to the State is anticipated. Based on the analysis of the Public Utility Commission of Texas and Office 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, GDZ, JBel LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 10, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1016 by King (Relating to the consideration of employee compensation and benefits in establishing the rates of electric utilities.), As Introduced TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1016 by King (Relating to the consideration of employee compensation and benefits in establishing the rates of electric utilities.), As Introduced Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1016 by King (Relating to the consideration of employee compensation and benefits in establishing the rates of electric utilities.), As Introduced SB1016 by King (Relating to the consideration of employee compensation and benefits in establishing the rates of electric 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 Office 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, GDZ, JBel JMc, SZ, GDZ, JBel