Honorable Phil King, Chair, House Committee on Regulated Industries
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB2692 by Gallego (Relating to the state's goal for electric generating capacity by renewable energy technologies and distributed renewable energy generation.), As Introduced
No significant fiscal implication to the State is anticipated.
The Public Utility Commission indicates any costs associated with the bill could be absorbed within existing resources.
Local Government Impact
It is anticipated that there would be no direct local government impact as a result of the bill, although local tax bases in counties with substantial development of renewable energy generation resources could increase with the development of more renewable energy generation projects.