According to the Legislative Budget Board (LBB), any costs associated with implementing the bill, primarily the design and installation of highway signage by the Texas Department of Transportation (TxDOT), are expected to be absorbed within the agency’s existing operational budget. This means that TxDOT will not require additional appropriations or funding authority to fulfill the responsibilities mandated by the bill.

The bill mandates the installation of markers at both ends and intermediate locations of the designated highway segment, which is a routine function within TxDOT’s scope. TxDOT typically has protocols and internal budgets for such commemorative signage under the Transportation Code Section 225.021(c), which often allows for the use of donations or discretionary funds to cover marker-related expenses.

Moreover, the bill poses no fiscal implications for local governments in Hood or Johnson Counties. It does not require cities or counties to contribute funding or resources to the signage effort, nor does it impose any regulatory or administrative burdens at the local level.

Overall, SB 876 represents a symbolic designation with minimal economic effect, well within the routine responsibilities and fiscal capacity of the state’s transportation infrastructure system.

SB 876 proposes naming a newly constructed segment of U.S. Highway 377—the Cresson Bypass in Hood and Johnson Counties—as the "Bob Cornett Parkway," in honor of William "Bob" Cornett, the late mayor of Cresson and a driving force behind the bypass project. The designation is honorary and does not replace any existing road name. It directs the Texas Department of Transportation (TxDOT) to erect signage, subject to standard funding provisions.

From a fiscal and governance perspective, the bill is low-impact. The Legislative Budget Board has determined that any costs associated with signage can be absorbed by TxDOT within its existing resources, and there is no fiscal implication for local governments. The bill does not expand regulatory authority, impose mandates, or introduce substantive policy changes—it is a symbolic gesture of recognition.

Texas Policy Research remains NEUTRAL on SB 876 as the bill is harmless and well-intentioned, but its limited policy significance and symbolic nature do not justify strong support or opposition.

• Individual Liberty: The bill does not create, restrict, or regulate any personal freedoms. It does not affect the ability of individuals to speak, assemble, travel, or make personal choices. It is entirely symbolic and poses no threat or enhancement to personal liberty.
• Personal Responsibility: The bill acknowledges the legacy of a local leader, Bob Cornett, who exemplified personal responsibility through years of public service. While this recognition does not directly legislate personal responsibility, it reinforces cultural respect for civic engagement and volunteerism. However, this reinforcement is indirect and symbolic.
• Free Enterprise: There is no interference with market activity, commerce, or private business. The highway naming does not affect road use, access, logistics, or transportation-related businesses. No regulations or mandates are imposed on private entities.
• Private Property Rights: The bill does not implicate eminent domain, land use, or zoning authority. It relates exclusively to the naming of a public highway already under state jurisdiction. There is no expansion or infringement on property rights.
• Limited Government: The bill is aligned with current statute and practice, and costs are to be absorbed using existing agency resources.

• HB 2153 (Same As)