LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Kip Averitt, Chair, Senate Committee on Natural Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2314 by Averitt (Relating to the administration of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Water Code to require the Water Development Board (TWDB) to adopt rules specifying the manner in which any capitalization grant under the State Water Pollution Control Revolving Fund, the Safe Drinking Water Revolving Fund, or any additional state revolving fund, may be used to provide financial assistance to an eligible applicant. The bill would also authorize TWDB to expeditiously adopt rules to comply with the terms of a capitalization grant or other source of federal funding. TWDB indicates that any costs associated with the bill could be absorbed within the agency's 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 No fiscal implication to units of local government is anticipated. Source Agencies:580 Water Development Board, 582 Commission on Environmental Quality LBB Staff: JOB, AH, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 8, 2009
TO: Honorable Kip Averitt, Chair, Senate Committee on Natural Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2314 by Averitt (Relating to the administration of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund.), As Introduced
TO: Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB2314 by Averitt (Relating to the administration of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund.), As Introduced
Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB2314 by Averitt (Relating to the administration of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund.), As Introduced
SB2314 by Averitt (Relating to the administration of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Water Code to require the Water Development Board (TWDB) to adopt rules specifying the manner in which any capitalization grant under the State Water Pollution Control Revolving Fund, the Safe Drinking Water Revolving Fund, or any additional state revolving fund, may be used to provide financial assistance to an eligible applicant. The bill would also authorize TWDB to expeditiously adopt rules to comply with the terms of a capitalization grant or other source of federal funding. TWDB indicates that any costs associated with the bill could be absorbed within the agency's 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 amend the Water Code to require the Water Development Board (TWDB) to adopt rules specifying the manner in which any capitalization grant under the State Water Pollution Control Revolving Fund, the Safe Drinking Water Revolving Fund, or any additional state revolving fund, may be used to provide financial assistance to an eligible applicant. The bill would also authorize TWDB to expeditiously adopt rules to comply with the terms of a capitalization grant or other source of federal funding.
TWDB indicates that any costs associated with the bill could be absorbed within the agency's 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
No fiscal implication to units of local government is anticipated.
Source Agencies: 580 Water Development Board, 582 Commission on Environmental Quality
580 Water Development Board, 582 Commission on Environmental Quality
LBB Staff: JOB, AH, SD
JOB, AH, SD