LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 23, 2011

TO:	Honorable Jim Keffer, Chair, House Committee on Energy Resources
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB1728 by Keffer (Relating to energy savings performance contracts.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend Education Code, Government Code, and Local Code to allow school districts, institutions of higher education, state agencies, and local governments to use any available money, with the exception of money borrowed from the state, to pay for an energy savings performance contract. These groups would no longer be required to pay for energy savings performance services solely out of the financial savings realized from execution of the contracts. The bill would take effect September 1, 2011.

Local Government Impact

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

Source Agencies:

303 Facilities Commission, 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 347 Public Finance Authority, 352 Bond Review Board, 696 Department of Criminal Justice, 701 Central Education Agency

LBB Staff:

JOB, SZ, JI, KY, JJO, EP