Honorable Larry Phillips, Chair, House Committee on Transportation
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
SB1650 by Watson (Relating to certain comprehensive development agreements of regional mobility authorities.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 370 of the Transportation Code to authorize a regional mobility authority (RMA) to enter into a comprehensive development agreement (CDA) relating to certain improvements to the Loop 1 MoPac Improvement Project.
The Texas Department of Transportation (TxDOT) indicates that the bill would authorize the Central Texas RMA to enter into a CDA for the projects authorized by the bill. Based on the analysis of 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
Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government.