TO: | Honorable Byron Cook, Chair, House Committee on State Affairs |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HB2798 by Bonnen (Relating to discounted utility rates for school districts and open-enrollment charter schools; providing an administrative penalty.), As Introduced |
The bill would require electric utilities, including municipally owned utilities, to offer a 20 percent reduction in electricity rates for school districts and open-enrollment charter schools, exempting utilities for which the 20 percent reduction would equal or exceed one percent of annual revenues. This provision would provide for a decrease in revenues to municipally owned utilities; however, fiscal impact is not anticipated to be significant.
Source Agencies: | 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas
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LBB Staff: | JOB, KJG, RAN, KKR
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