LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

March 6, 2009

TO:	Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB631 by Turner, Sylvester (Relating to the regulation of retail electric providers.), As Introduced

No significant fiscal implication to the State is anticipated.

This bill would amend the Utilities Code to require Retail Electric Providers (REPs) to submit financial reports to the Public Utility Commission for monitoring.

Based on information provided by the Public Utility Commission, it is assumed that costs of the duties and responsibilities associated with implementing the provisions of the bill could be absorbed within existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

473 Public Utility Commission of Texas

LBB Staff:

JOB, KJG, MW, ES