Honorable Abel Herrero, Chair, House Committee on Land & Resource Management
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB736 by Hancock (relating to a report on the sale of retail electric power by the General Land Office.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would require the General Land Office (GLO) to submit a report by September 1, 2018, to the legislature regarding its sale of electric power. Based on the analysis of GLO, duties and responsibilities associated with implementing the provisions of the bill could be accomplished using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.