Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB388 by King (relating to the legislature’s goals for electric generation capacity in this state.), Committee Report 1st 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 related to their participation in the dispatchable generation credits trading program, as would be amended by the bill.