LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 9, 2019

TO:	Honorable Dade Phelan, Chair, House Committee on State Affairs
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB2908 by Patterson (relating to a study of potential rules, procedures, and protocols to eliminate or compensate for market distortion caused by certain federal tax credits.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The Public Utility Commission anticipates that work resulting from the bill's requirement to study certain issues related to federal tax credits would be absorbed within existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

473 Public Utility Commission of Texas

LBB Staff:

WP, CMa, SGr, MB