Honorable John Carona, Chair, Senate Committee on Business & Commerce
John S O'Brien, Director, Legislative Budget Board
SB781 by Carona (Relating to the repeal of certain legislative oversight committees.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would repeal section 39.907 and Subchapter F of Chapter 65 of the Utilities Code, which establish the electric utility restructuring legislative oversight committee and the telecommunications competitiveness legislative oversight committee.
The bill would repeal Chapter 1801 of the Insurance Code, which establishes a property and casualty insurance legislative oversight committee.
Based on the analysis of the Public Utility Commission, the Office of Public Utility Counsel and the Texas Department of Insurance duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
454 Department of Insurance, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel