LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

April 5, 2011

TO:	Honorable Larry Phillips, Chair, House Committee on Transportation
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB3571 by Phillips (Relating to the use of revenue sharing as a means of repayment of Texas Department of Transportation cost participation in a toll facility of a public entity.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend Section 222.103 of the Transportation Code to prohibit the Texas Department of Transportation (TxDOT) from requiring a public entity to enter into a revenue sharing agreement for the purposes of recovering money loaned or granted to the public entity as participation in costs of the acquisition, construction, maintenance, or operation of a toll facility of the public entity. The provisions of the bill would apply to money loaned or granted on or after the effective date of the bill.

Based on the information and analysis provided by TxDOT, it is assumed the provisions of the bill would not result in a significant fiscal impact to the agency or the State.

Local Government Impact

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

Source Agencies:

601 Department of Transportation

LBB Staff:

JOB, KJG, TG