Honorable Todd Hunter, Chair, House Committee on State Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HJR180 by Hunter (Proposing a constitutional amendment providing for the creation of the Texas energy reliability fund to finance construction of electric generating facilities.), As Introduced
No significant fiscal implication to the State is anticipated, other than the cost of publication. Any additional fiscal implication would be attributable to the corresponding enabling legislation.
The cost to the state for publication of the resolution is $204,406.
The joint resolution would propose an amendment to Article III of the Texas Constitution to provide for the creation of the Texas energy reliability fund and the authorization of other funding mechanisms to provide loans to finance the construction of new electric generating facilities or additional generating capacity for electric generating facilities.
Adoption of the proposed constitutional amendment alone would have no fiscal impact on the state or units of local government other than the cost of publication.
The cost to the state for publication of the resolution is $204,406.
The proposed amendment would be submitted to voters at an election to be held November 7, 2023
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas