TO: | Honorable Phil King, Chair, House Committee on Regulated Industries |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB31 by Turner (Relating to adjusting the "price to beat" for electric utility services to reflect reduced natural gas fuel prices.), As Introduced |
Based on information provided by the Public Utility Commission, it is assumed that any costs associated with implementing the provisions of the bill could be absorbed within existing resources.
The bill would take effect immediately upon receiving a two-thirds vote in both houses; otherwise, it would take effect September 1, 2006.
Source Agencies: | 473 Public Utility Commission of Texas
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LBB Staff: | JOB, CL, MW, RB
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