LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

April 25, 2005

TO:	Honorable Todd Staples, Chair, Senate Committee on Transportation & Homeland Security
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB874 by Kuempel (Relating to designating a portion of State Highway 123 as the Senator John Traeger Memorial Highway.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would require the Texas Department of Transportation (TxDOT) to design, construct, and erect markers designating the portion of State Highway 123 between Interstate Highway 10 and U.S. Highway 90A as the Senator John Traeger Memorial Highway if TxDOT receives a grant or donation to cover the cost of the design, construction, and erection of the marker.  Based on the analysis of TxDOT, the 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 each house.  If the bill does not receive a two-thirds majority vote 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:

601 Department of Transportation

LBB Staff:

JOB, SR, MW, BC