LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 11, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB388 by King (relating to the legislatures goals for electric generation capacity in this state.), 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 municipally owned utilities and electric cooperatives related to their participation in the dispatchable generation credits trading program, as would be amended by the bill. Source Agencies: b > td > 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, RStu, GDZ, JBel LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 11, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB388 by King (relating to the legislatures goals for electric generation capacity in this state.), Committee Report 1st House, Substituted TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB388 by King (relating to the legislatures goals for electric generation capacity in this state.), Committee Report 1st House, Substituted 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 SB388 by King (relating to the legislatures goals for electric generation capacity in this state.), Committee Report 1st House, Substituted SB388 by King (relating to the legislatures goals for electric generation capacity in this state.), 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 municipally owned utilities and electric cooperatives related to their participation in the dispatchable generation credits trading program, as would be amended by the bill. Source Agencies: b > td > 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, RStu, GDZ, JBel JMc, RStu, GDZ, JBel