FN-J0ETFF-1 Page 1 FISCAL NOTE House Bill 177 Committee: Commerce and Small BusinessSponsor: Jim Carns Analyst: Riley Aaron Date: 04/11/2023 House Bill 177as introduced provides for the conversion of certain municipal waterworks boards to regional boards, which would decrease obligations of any converted boards by an estimated $96,000 annually by providing that regional board members serve without compensation, instead of receiving up to $1,000 per month in compensation, as provided by current law. This bill could further decrease the obligations of any converted by an undetermined amount dependent due to the decrease in membership of the board from eight members to seven and the corresponding decrease in related reimbursement for necessary expenses of board-related costs. This bill could increase the obligations of any such converted board by an undetermined amount dependent on the cost of employing a chief executive office and having its financial statements reviewed.