LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 25, 2011

TO:	Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	SB565 by Hegar (Relating to repeal of authority for the establishment and operation of the Trans-Texas Corridor.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Tax Code and the Transportation Code to repeal provisions pertaining to the establishment, development, operation, financing, and aquisition of right-of-way for the Trans-Texas Corridor.

Based on the analysis of the Texas Department of Transportation, it is assumed any costs or duties associated with the enactment 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.

Source Agencies:

601 Department of Transportation

LBB Staff:

JOB, KJG, MW, TG