LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 21, 2025 TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1407 by Guillen (relating to the provision of water or sewer service by public entities operating jointly or concurrently; providing authority to issue bonds; providing authority to impose assessments.), Committee Report 1st House, Substituted 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 local governments as it gives public utility agencies the authority to issue bonds and impose an assessment to pay back the bond to acquire public utilities. The amount of the assessment is unknown. Source Agencies: b > td > 302 Office of the Attorney General, 352 Bond Review Board, 473 Public Utility Commission of Texas, 582 Commission on Environmental Quality LBB Staff: b > td > JMc, TUf, JBel, GDZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 21, 2025
TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1407 by Guillen (relating to the provision of water or sewer service by public entities operating jointly or concurrently; providing authority to issue bonds; providing authority to impose assessments.), Committee Report 1st House, Substituted
TO: Honorable Cody Harris, Chair, House Committee on Natural Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1407 by Guillen (relating to the provision of water or sewer service by public entities operating jointly or concurrently; providing authority to issue bonds; providing authority to impose assessments.), Committee Report 1st House, Substituted
Honorable Cody Harris, Chair, House Committee on Natural Resources
Honorable Cody Harris, Chair, House Committee on Natural Resources
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB1407 by Guillen (relating to the provision of water or sewer service by public entities operating jointly or concurrently; providing authority to issue bonds; providing authority to impose assessments.), Committee Report 1st House, Substituted
HB1407 by Guillen (relating to the provision of water or sewer service by public entities operating jointly or concurrently; providing authority to issue bonds; providing authority to impose assessments.), Committee Report 1st House, Substituted
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 local governments as it gives public utility agencies the authority to issue bonds and impose an assessment to pay back the bond to acquire public utilities. The amount of the assessment is unknown.
Source Agencies: b > td > 302 Office of the Attorney General, 352 Bond Review Board, 473 Public Utility Commission of Texas, 582 Commission on Environmental Quality
302 Office of the Attorney General, 352 Bond Review Board, 473 Public Utility Commission of Texas, 582 Commission on Environmental Quality
LBB Staff: b > td > JMc, TUf, JBel, GDZ
JMc, TUf, JBel, GDZ