Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB1409 by Flynn (Relating to the designation of a segment of State Highway 243 in Van Zandt County as the Veterans Memorial Parkway.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would require the Texas Department of Transportation (TxDOT) to design, construct, and erect highway markers designating a segment of State Highway 243 as the Veterans Memorial Parkway, subject to Section 225.021 (c), Transportation Code.
Section 225.021 (c) of the Transportation Code, specifies that TxDOT is not required to design, construct, or erect the marker unless a grant or donation of funds is made to the department to cover the cost. Based on the analysis provided by TxDOT, it is assumed any duties associated with the implementation of the provisions of the bill could be absorbed within the agency's existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.