LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 10, 1997 TO: Honorable Steve Holzheauser, Chair IN RE: House Bill No. 1243, Committee Report 1st House, Substituted Committee on Energy Resources By: Holzheauser House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1243 ( Relating to energy savings projects for local governments.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1243-Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. This bill would allow local governments to enter into lease/purchase contracts for energy conservation measures, but would limit a local governments contractual obligations in any one year could not exceed the cost savings of conservation measures divided by the number of years in the contract term. No significant fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,BB ,TL