LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

May 16, 2005

TO:	Honorable Todd Staples, Chair, Senate Committee on Transportation & Homeland Security
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB649 by Krusee (Relating to the funding of transportation projects by the Texas Department of Transportation.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would increase from $800 million to $1.5 billion the established ceiling for money that may be granted by the Texas Department of Transportation for toll projects each fiscal year, excluding monies that would be required to be repaid.

Based on the analysis of the Texas Department of Transportation, the provisions of the bill would have no fiscal impact to the state.

The bill would take effect immediately upon receiving a two-thirds majority vote of all of the members in each house.  If the bill does not receive a two-thirds majority vote of all of the members in each house, the bill would take effect September 1, 2005.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts, 601 Department of Transportation

LBB Staff:

JOB, SR, MW, TG