Honorable Dan Patrick, Lieutenant Governor, Senate
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB2368 by Campbell (Relating to affiliation with certain foreign entities of certain persons working or participating in the electricity market; increasing an administrative penalty.), As Passed 2nd House
The bill would have a positive, but indeterminate, fiscal impact to the state as the number of violations and the amount of each administrative penalty cannot be determined.
The bill would increase the maximum administrative penalty for a violation of Section 39.360 of the Utilities Code from $25,000 to $1,000,000. The number of violations that would result in an administrative penalty and the associated revenue impact cannot be determined
It is assumed that any costs associated with the bill could be absorbed using existing resources.
The bill would take effect September 1, 2025
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 473 Public Utility Commission of Texas