LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 29, 2011

TO:	Honorable Larry Phillips, Chair, House Committee on Transportation
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB2574 by Phillips (Relating to the authority of regional mobility authorities to enter into comprehensive development agreements.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Transportation Code to prohibit a regional mobility authority (RMA) from entering into a comprehensive development agreement that would entitle a private entity ownership or leasehold interest in the transportation project or the right to operate or retain revenue from the project unless explicitly authorized by the Texas Legislature.
 
The bill would repeal Sections 370.305(d), (e), and (f) of the Transportation Code to remove the expiration provision for the ability to enter into a comprehensive development agreement.

Local Government Impact

It is assumed that an RMA would enter into a comprehensive development agreement authorized by the provisions of the bill only if sufficient funds were available.

The Alamo Regional Mobility Authority and the Grayson County Regional Mobility Authority reported there would be no fiscal impact to implement the provisions of the bill.

Source Agencies:

601 Department of Transportation

LBB Staff:

JOB, KJG, TP