LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 12, 2017 TO: Honorable Charles Perry, Chair, Senate Committee on Agriculture, Water & Rural Affairs 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.), As Engrossed 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
May 12, 2017
TO: Honorable Charles Perry, Chair, Senate Committee on Agriculture, Water & Rural Affairs 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.), As Engrossed
TO: Honorable Charles Perry, Chair, Senate Committee on Agriculture, Water & Rural Affairs
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.), As Engrossed
Honorable Charles Perry, Chair, Senate Committee on Agriculture, Water & Rural Affairs
Honorable Charles Perry, Chair, Senate Committee on Agriculture, Water & Rural Affairs
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.), As Engrossed
HB1946 by Parker (Relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.), As Engrossed
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