LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 23, 2017 TO: Honorable Lyle Larson, Chair, House Committee on Natural Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1946 by Parker (relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Water Code to specify that a contract or lease in which the proceeds are pledged to the payment of a bond may be submitted to the Attorney General for approval. Based on the analysis of the Office of the Attorney General, any additional work resulting from the passage of the bill could be reasonably absorbed within current resources. The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General LBB Staff: UP, JSm, SZ, NV LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 23, 2017 TO: Honorable Lyle Larson, Chair, House Committee on Natural Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1946 by Parker (relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.), Committee Report 1st House, Substituted TO: Honorable Lyle Larson, Chair, House Committee on Natural Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1946 by Parker (relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.), Committee Report 1st House, Substituted Honorable Lyle Larson, Chair, House Committee on Natural Resources Honorable Lyle Larson, Chair, House Committee on Natural Resources Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB1946 by Parker (relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.), Committee Report 1st House, Substituted HB1946 by Parker (relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.), 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 Water Code to specify that a contract or lease in which the proceeds are pledged to the payment of a bond may be submitted to the Attorney General for approval. Based on the analysis of the Office of the Attorney General, any additional work resulting from the passage of the bill could be reasonably absorbed within current resources. The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 302 Office of the Attorney General 302 Office of the Attorney General LBB Staff: UP, JSm, SZ, NV UP, JSm, SZ, NV