LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 17, 2023 TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HJR138 by Holland (proposing a constitutional amendment providing for the creation of the Texas land and water conservation fund to assist in preserving critical natural resources in this state.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $204,406. The joint resolution would amend Article III, Texas Constitution by adding Section 49-d-17 to create the Texas land and water conservation fund (LWCF).The LWCF would be established as a fund outside the state treasury. Money in the LWCF could be administered and used, without further appropriation, by the Texas land and water conservation board to provide funding for conservation and restoration of, and public access to, land, water, and natural resources.This proposed constitutional amendment would be submitted to the voters at an election to be held November 7, 2023. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 580 Water Development Board, 582 Commission on Environmental Quality, 592 Soil and Water Conservation Board, 802 Parks and Wildlife Department LBB Staff: b > td > JMc, KDw, SD, KK, CMA LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 17, 2023 TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HJR138 by Holland (proposing a constitutional amendment providing for the creation of the Texas land and water conservation fund to assist in preserving critical natural resources in this state.), Committee Report 1st House, Substituted TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HJR138 by Holland (proposing a constitutional amendment providing for the creation of the Texas land and water conservation fund to assist in preserving critical natural resources in this state.), Committee Report 1st House, Substituted 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 HJR138 by Holland (proposing a constitutional amendment providing for the creation of the Texas land and water conservation fund to assist in preserving critical natural resources in this state.), Committee Report 1st House, Substituted HJR138 by Holland (proposing a constitutional amendment providing for the creation of the Texas land and water conservation fund to assist in preserving critical natural resources in this state.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $204,406. No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $204,406. The joint resolution would amend Article III, Texas Constitution by adding Section 49-d-17 to create the Texas land and water conservation fund (LWCF).The LWCF would be established as a fund outside the state treasury. Money in the LWCF could be administered and used, without further appropriation, by the Texas land and water conservation board to provide funding for conservation and restoration of, and public access to, land, water, and natural resources.This proposed constitutional amendment would be submitted to the voters at an election to be held November 7, 2023. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 580 Water Development Board, 582 Commission on Environmental Quality, 592 Soil and Water Conservation Board, 802 Parks and Wildlife Department 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 580 Water Development Board, 582 Commission on Environmental Quality, 592 Soil and Water Conservation Board, 802 Parks and Wildlife Department LBB Staff: b > td > JMc, KDw, SD, KK, CMA JMc, KDw, SD, KK, CMA