LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATURE 1st CALLED SESSION - 2003

July 15, 2003

TO:	Honorable Steve Ogden, Chair, Senate Committee on Infrastructure Development and Security
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB52 by Ogden (Relating to the expenditure of funds on rail facilities by the Texas Department of Transportation.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend changes made to the Transportation Code by of HB 3588, 78th Legislature, Regular Session, 2003, to add exemptions to the $12.5 million cap for disbursements related to the acquisition, construction, maintenance, and operation of a rail facility or system. 

 

Based on the analysis of the Texas Department of Transportation, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

 

The bill would take effect immediately upon receiving a two-thirds majority vote in both houses; otherwise, the bill would take effect November 1, 2003.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

455 Railroad Commission, 601 Department of Transportation

LBB Staff:

JK, SD, MW