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LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION

March 18, 2021

TO:	Honorable Chris Paddie, Chair, House Committee on State Affairs
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB16 by Hernandez (Relating to a prohibition on the sale of wholesale indexed products by retail electric providers.), As Introduced

No significant fiscal implication to the State is anticipated.

The Public Utility Commission anticipates that the costs associated with the bill's provisions relating to a prohibition on the sale of wholesale indexed products by retail electric providers could be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel

LBB Staff:

JMc, SMat, MB, RRe