LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 7, 2025 TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2867 by Gates (Relating to late payment fees charged by a municipally owned water utility.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactThe bill could have an impact on municipalities that own water or sewer utilities to the extent that they currently assess late fees in excess of the maximum value the bill would institute. Source Agencies: b > td > LBB Staff: b > td > JMc, TUf, BC, CWi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 7, 2025 TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2867 by Gates (Relating to late payment fees charged by a municipally owned water utility.), As Introduced TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2867 by Gates (Relating to late payment fees charged by a municipally owned water utility.), 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 HB2867 by Gates (Relating to late payment fees charged by a municipally owned water utility.), As Introduced HB2867 by Gates (Relating to late payment fees charged by a municipally owned water utility.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact The bill could have an impact on municipalities that own water or sewer utilities to the extent that they currently assess late fees in excess of the maximum value the bill would institute. Source Agencies: b > td > LBB Staff: b > td > JMc, TUf, BC, CWi JMc, TUf, BC, CWi