LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 10, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1170 by Perry (Relating to the initiation of customer choice by municipally owned utilities that provide electric service.), 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 ImpactThere could be an impact on municipally owned utilities that opt into retail electric competition. Source Agencies: b > td > 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SZ, CMA, NTh, SMAT LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 10, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1170 by Perry (Relating to the initiation of customer choice by municipally owned utilities that provide electric service.), As Introduced TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1170 by Perry (Relating to the initiation of customer choice by municipally owned utilities that provide electric service.), 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 SB1170 by Perry (Relating to the initiation of customer choice by municipally owned utilities that provide electric service.), As Introduced SB1170 by Perry (Relating to the initiation of customer choice by municipally owned utilities that provide electric service.), 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 There could be an impact on municipally owned utilities that opt into retail electric competition. Source Agencies: b > td > 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SZ, CMA, NTh, SMAT JMc, SZ, CMA, NTh, SMAT