LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 1, 2013

TO:	Honorable Robert Nichols, Chair, Senate Committee on Transportation
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	SB1488 by Watson (Relating to the authority for the department of transportation to enter into a comprehensive development agreement for the financing, design, acquisition, construction, maintenance, or operation of a rail facility or system.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend Chapter 91 of the Transportation Code to specify that the Texas Department of Transportation's (TxDOT) authority to enter into a comprehensive development agreement (CDA) for a rail facility or system is not subject to limitations on TxDOT's authority to enter into a CDA for certain highway projects under Chapter 223.

Based on the information provided by TxDOT, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

601 Department of Transportation

LBB Staff:

UP, AG, TG