Honorable Dade Phelan, Speaker of the House, House of Representatives
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2483 by King, Phil (Relating to utility facilities for restoring electric service after a widespread power outage.), As Passed 2nd House
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 agreements between power generation companies and transmission and distribution utilities in the ERCOT power region could be absorbed using existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel