LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 11, 2025 TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1169 by Hinojosa, Adam (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, 580 Water Development Board, 582 Commission on Environmental Quality LBB Staff: b > td > JMc, FV, BC, CWi, TUf, GDZ, JBel
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 11, 2025
TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1169 by Hinojosa, Adam (Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Introduced
TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1169 by Hinojosa, Adam (Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Introduced
Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs
Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1169 by Hinojosa, Adam (Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Introduced
SB1169 by Hinojosa, Adam (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, 580 Water Development Board, 582 Commission on Environmental Quality
352 Bond Review Board, 473 Public Utility Commission of Texas, 580 Water Development Board, 582 Commission on Environmental Quality
LBB Staff: b > td > JMc, FV, BC, CWi, TUf, GDZ, JBel
JMc, FV, BC, CWi, TUf, GDZ, JBel