Honorable George "Buddy" West, Chair, House Committee on Energy Resources
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB471 by West, George "Buddy" (Relating to the authority of a gas utility to implement a rate change by posting a bond.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would provide that the Railroad Commission has authority to approve a gas utility's request to implement higher rates throughout the territory affected by a proposed change. The bill is not expected to result in any significant increase in costs to the Railroad Commission.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.