LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

May 3, 2007

TO:	Honorable Mike Krusee, Chair, House Committee on Transportation
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB3524 by Homer (Relating to the designation of a portion of State Highway 37 in Franklin County as the Tom Ramsay Highway.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend the Transportation Code to designate a portion of State Highway 37 located in Franklin County as the Tom Ramsay Highway. The bill would require the Texas Department of Transportation (TxDOT) to design, construct, and erect markers indicating the highway number and designation, contingent upon the department receiving a grant or donation of private or public funds to cover the costs.

Based on the analysis of TxDOT, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the agency's existing resources.

The bill would take effect immediately upon receiving a vote of two-thirds of all members elected to each house or otherwise on September 1, 2007.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

601 Department of Transportation

LBB Staff:

JOB, KJG, TG