LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 18, 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 public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), 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 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 > 352 Bond Review Board, 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, TUf, GDZ, JBel
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 18, 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 public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Introduced
TO: Honorable Cody Harris, Chair, House Committee on Natural Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1407 by Guillen (Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Introduced
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 public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Introduced
HB1407 by Guillen (Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), 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 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 > 352 Bond Review Board, 473 Public Utility Commission of Texas
352 Bond Review Board, 473 Public Utility Commission of Texas
LBB Staff: b > td > JMc, TUf, GDZ, JBel
JMc, TUf, GDZ, JBel