Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1169 by Hinojosa, Adam (relating to the provision of water or sewer service by public entities operating jointly or concurrently.), 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 local governments as it gives public utility agencies the authority to issue bonds and impose an assessment to pay back the bond to acquire public utilities. There would be an impact to any public utility agency named as a receiver by the attorney general or authorized to temporarily manage and operate a utility, water supply, or sewer service corporation as outlined the bill.
Source Agencies:
302 Office of the Attorney General, 352 Bond Review Board, 473 Public Utility Commission of Texas, 580 Water Development Board, 582 Commission on Environmental Quality