LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

May 21, 2005

TO:	Honorable Todd Staples, Chair, Senate Committee on Transportation & Homeland Security
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB2647 by Homer (Relating to designation of Farm-to-Market Road 68 in Fannin County as Speaker Jimmy Turman Road.), 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 Farm-to-Market Road 68 in Fannin County as Speaker Jimmy Turman Road.  TxDOT is not required to design, construct, or erect a marker unless a grant or donation of private funds is made to cover the cost of the design, construction, and erection of the markers.  The donations received shall be deposited to the credit of the State Highway Fund 0006. 

 

Based on the analysis of TxDOT, duties and responsibilities associated with implementing the provisions of the bill would be minimal and could be absorbed by using 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