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