Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2701 by Guillen (Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.), As Engrossed
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
The fiscal implications of the bill to public utility agencies cannot be determined due to the circumstances relating to the agencies' issuance of bonds or imposition of assessments being unknown. No fiscal implication to other units of local government is anticipated.