Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4492 by Paddie (Relating to securitizing costs associated with electric markets; granting authority to issue bonds.), As Engrossed
No significant fiscal implication to the State is anticipated.
It is assumed that the costs associated with the bill's provisions relating to securitizing costs associated with electric markets and granting authority to issue bonds could be absorbed using existing resources. The effective date of the bill is contingent on passage of other legislation.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
307 Secretary of State, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel