LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on International Relations & Trade FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2292 by Lucio (Relating to the establishment of a natural disaster housing reconstruction initiative.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the establishment of a natural disaster housing reconstruction initiative. The Texas Department of Housing and Community Affairs could incur costs to the extent it chose to fund a portion of the initiative if local entities did not do so. Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, CL, NV LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on International Relations & Trade FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2292 by Lucio (Relating to the establishment of a natural disaster housing reconstruction initiative.), Committee Report 1st House, Substituted TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on International Relations & Trade FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB2292 by Lucio (Relating to the establishment of a natural disaster housing reconstruction initiative.), Committee Report 1st House, Substituted Honorable Eddie Lucio, Jr., Chair, Senate Committee on International Relations & Trade Honorable Eddie Lucio, Jr., Chair, Senate Committee on International Relations & Trade John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB2292 by Lucio (Relating to the establishment of a natural disaster housing reconstruction initiative.), Committee Report 1st House, Substituted SB2292 by Lucio (Relating to the establishment of a natural disaster housing reconstruction initiative.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the establishment of a natural disaster housing reconstruction initiative. The Texas Department of Housing and Community Affairs could incur costs to the extent it chose to fund a portion of the initiative if local entities did not do so. Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would amend the Government Code relating to the establishment of a natural disaster housing reconstruction initiative. The Texas Department of Housing and Community Affairs could incur costs to the extent it chose to fund a portion of the initiative if local entities did not do so. Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, CL, NV JOB, CL, NV