LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 13, 2009

TO:	Honorable Joseph Pickett, Chair, House Committee on Transportation
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2736 by Kolkhorst (Relating to approval and certification of certain comprehensive development agreements.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Transportation Code to require a comprehensive development agreement (CDA), including a facility agreement under a CDA, under which a private entity will operate and/or be entitled to receive revenue from a toll project to be reviewed by the Attorney General for legal sufficiency as prescribed by current law; and, if approved by the Attorney General, reviewed by the Comptroller for financial viability and signed and certified if approved by the Comptroller.

 

Based on the analysis provided by the offices of the Attorney General and the Comptroller, it is assumed any costs or duties 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:

302 Office of the Attorney General, 304 Comptroller of Public Accounts, 601 Department of Transportation

LBB Staff:

JOB, KJG, TG