Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB145 by King (relating to risk mitigation planning and associated liability for providers of electric service; providing an administrative penalty.), Committee Report 2nd House, Substituted
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
There could be an impact on municipally owned utilities and electric cooperatives in wildfire-prone areas that would have to submit a wildfire mitigation plan, as would be amended by the bill.