LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION

April 14, 2021

TO:	Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB1757 by Hancock (relating to securitizing costs associated with electric markets; granting authority to issue bonds.), Committee Report 1st House, Substituted

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.

Local Government Impact

The fiscal implications of the bill cannot be determined at this time.

Source Agencies:

304 Comptroller of Public Accounts, 307 Secretary of State, 352 Bond Review Board, 473 Public Utility Commission of Texas, 475 Office of Public Utility Counsel

LBB Staff:

JMc, SZ, MB, RRE