LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION

April 12, 2021

TO:	Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB1606 by Hall (Relating to protecting the population of Texas, its environment, and its most vulnerable communities, promoting the resilience of the electric grid and certain municipalities.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that the costs associated with the bill's provisions relating to updating the state's emergency plan and evaluating contractors for the purpose of assessing vulnerabilities in the ERCOT grid could be absorbed using existing resources.

Local Government Impact

While some municipalities may be face restrictions on their use of economic development incentives as a result of the bill's provisions, the fiscal implications of the bill on local units of government cannot be determined at this time.

Source Agencies:

300 Trusteed Programs - Gov, 304 Comptroller of Public Accounts, 401 Military Department, 473 Public Utility Commission of Texas, 477 Comm/Emer Communicat, 479 State Office of Risk Management, 575 TX Division of Emergency Management

LBB Staff:

JMc, SZ, JSM, MC, AF