LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 20, 2009 TO: Honorable Allan Ritter, Chair, House Committee on Natural Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3861 by Hopson (Relating to Texas Water Development Board financing for the Lake Columbia reservoir project.), As Introduced No significant fiscal implication to the State is anticipated. The bill would enact a legislative finding that the development of the Lake Columbia reservoir project is in the public interest and that it is reasonable for the Water Development Board (TWDB) to expect that the state will recover its investment in the facility. The bill would direct TWDB to exercise the discretion available to include revenues from political subdivisions not currently under contract with the Angelina and Neches River Authority to participate in paying the costs of the Site Acquisition Stage of the Lake Columbia reservoir project, and political subdivisions not currently under contract to purchase a portion of the water to be supplied by the project in making the determination that it is reasonable to expect the state will recover its investment. TWDB indicates that any costs associated with the bill could be absorbed within the agencys existing resources. The bill would take effect immediately if it receives a vote of two-thirds of all members elected to each house; otherwise it would take effect September 1, 2009. Local Government Impact Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government. Source Agencies:304 Comptroller of Public Accounts, 580 Water Development Board LBB Staff: JOB, SD, AH, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 20, 2009
TO: Honorable Allan Ritter, Chair, House Committee on Natural Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3861 by Hopson (Relating to Texas Water Development Board financing for the Lake Columbia reservoir project.), As Introduced
TO: Honorable Allan Ritter, Chair, House Committee on Natural Resources
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3861 by Hopson (Relating to Texas Water Development Board financing for the Lake Columbia reservoir project.), As Introduced
Honorable Allan Ritter, Chair, House Committee on Natural Resources
Honorable Allan Ritter, Chair, House Committee on Natural Resources
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB3861 by Hopson (Relating to Texas Water Development Board financing for the Lake Columbia reservoir project.), As Introduced
HB3861 by Hopson (Relating to Texas Water Development Board financing for the Lake Columbia reservoir project.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would enact a legislative finding that the development of the Lake Columbia reservoir project is in the public interest and that it is reasonable for the Water Development Board (TWDB) to expect that the state will recover its investment in the facility. The bill would direct TWDB to exercise the discretion available to include revenues from political subdivisions not currently under contract with the Angelina and Neches River Authority to participate in paying the costs of the Site Acquisition Stage of the Lake Columbia reservoir project, and political subdivisions not currently under contract to purchase a portion of the water to be supplied by the project in making the determination that it is reasonable to expect the state will recover its investment. TWDB indicates that any costs associated with the bill could be absorbed within the agencys existing resources. The bill would take effect immediately if it receives a vote of two-thirds of all members elected to each house; otherwise it would take effect September 1, 2009.
The bill would enact a legislative finding that the development of the Lake Columbia reservoir project is in the public interest and that it is reasonable for the Water Development Board (TWDB) to expect that the state will recover its investment in the facility.
The bill would direct TWDB to exercise the discretion available to include revenues from political subdivisions not currently under contract with the Angelina and Neches River Authority to participate in paying the costs of the Site Acquisition Stage of the Lake Columbia reservoir project, and political subdivisions not currently under contract to purchase a portion of the water to be supplied by the project in making the determination that it is reasonable to expect the state will recover its investment.
TWDB indicates that any costs associated with the bill could be absorbed within the agencys existing resources.
The bill would take effect immediately if it receives a vote of two-thirds of all members elected to each house; otherwise it would take effect September 1, 2009.
Local Government Impact
Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government.
Source Agencies: 304 Comptroller of Public Accounts, 580 Water Development Board
304 Comptroller of Public Accounts, 580 Water Development Board
LBB Staff: JOB, SD, AH, DB
JOB, SD, AH, DB