LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 3, 2023 TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3523 by Gonzlez, Mary (Relating to limitations on the issuance of bonds by the Texas Water Development Board for the development of certain projects in economically distressed areas.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. It is also assumed that interest and repayment revenue from EDAP loans could increase; however, the increase that could be realized is not anticipated to be significant. Local Government ImpactNo significant fiscal implication to units of local governments is anticipated. However, the bill could have a positive fiscal impact on political subdivisions that receive EDAP loans and grants. Source Agencies: b > td > 304 Comptroller of Public Accounts, 352 Bond Review Board, 580 Water Development Board LBB Staff: b > td > JMc, KDw, MW, AJL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 3, 2023
TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3523 by Gonzlez, Mary (Relating to limitations on the issuance of bonds by the Texas Water Development Board for the development of certain projects in economically distressed areas.), As Introduced
TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3523 by Gonzlez, Mary (Relating to limitations on the issuance of bonds by the Texas Water Development Board for the development of certain projects in economically distressed areas.), As Introduced
Honorable Tracy O. King, Chair, House Committee on Natural Resources
Honorable Tracy O. King, Chair, House Committee on Natural Resources
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3523 by Gonzlez, Mary (Relating to limitations on the issuance of bonds by the Texas Water Development Board for the development of certain projects in economically distressed areas.), As Introduced
HB3523 by Gonzlez, Mary (Relating to limitations on the issuance of bonds by the Texas Water Development Board for the development of certain projects in economically distressed areas.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources. It is also assumed that interest and repayment revenue from EDAP loans could increase; however, the increase that could be realized is not anticipated to be significant.
Local Government Impact
No significant fiscal implication to units of local governments is anticipated. However, the bill could have a positive fiscal impact on political subdivisions that receive EDAP loans and grants.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 352 Bond Review Board, 580 Water Development Board
304 Comptroller of Public Accounts, 352 Bond Review Board, 580 Water Development Board
LBB Staff: b > td > JMc, KDw, MW, AJL
JMc, KDw, MW, AJL