LEGISLATIVE BUDGET BOARD
Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION


April 18, 2023

TO:	Honorable Todd Hunter, Chair, House Committee on State Affairs

FROM:	Jerry McGinty, Director, Legislative Budget Board

IN RE:	HB3943 by Goodwin (Relating to the auditing of an electric cooperative or municipally owned electric utility by an independent third party auditor after a power outage.), 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 Impact

The bill could have an impact on municipally owned electric utilities related to the third party audit the bill would require after an extended power outage.

Source Agencies:

473 Public Utility Commission of Texas

LBB Staff:

JMc, SMAT, BC, DPE