LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 26, 2013

TO:	Honorable Larry Phillips, Chair, House Committee on Transportation
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB1134 by Darby (Relating to performance and payment security for certain comprehensive development agreements.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would amend provisions in the Transportation Code relating to the performance and payment security requirements that must be required of a private entity subject to a comprehensive development agreement between a private entity and the Texas Department of Transportation, a regional tollway authority, or a regional mobility authority.

 

Based on the analysis of TxDOT, it is assumed the provisions of the bill would not result in a direct fiscal impact to the State.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

601 Department of Transportation

LBB Staff:

UP, TG, AG