LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

May 6, 2009

TO:	Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB1699 by Fraser (Relating to consistency among certain secretary of state filings.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the filing fee for transmitting utility filings from $15 for one or two pages and $30 for three pages or more to $60.  Since the volume of transmitting utility filings is so low it is assumed that there would be no significant fiscal impact.  The bill would be effective September 1, 2009.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts, 307 Secretary of State

LBB Staff:

JOB, JRO, BTA