LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 19, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1110 by Schwertner (Relating to the authority of a municipality to transfer revenue of a municipal utility to the general fund of the municipality.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactThere could be an impact on municipalities that use revenue transferred from municipal utilities to fund operations. Source Agencies: b > td > LBB Staff: b > td > JMc, SZ, CMA, NTh
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
March 19, 2023
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1110 by Schwertner (Relating to the authority of a municipality to transfer revenue of a municipal utility to the general fund of the municipality.), As Introduced
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1110 by Schwertner (Relating to the authority of a municipality to transfer revenue of a municipal utility to the general fund of the municipality.), 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
SB1110 by Schwertner (Relating to the authority of a municipality to transfer revenue of a municipal utility to the general fund of the municipality.), As Introduced
SB1110 by Schwertner (Relating to the authority of a municipality to transfer revenue of a municipal utility to the general fund of the municipality.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Local Government Impact
There could be an impact on municipalities that use revenue transferred from municipal utilities to fund operations.
Source Agencies: b > td >
LBB Staff: b > td > JMc, SZ, CMA, NTh
JMc, SZ, CMA, NTh