LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 25, 2023 TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture, & Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB938 by Blanco (Relating to the issuance by certain conservation and reclamation districts of bonds for the development and maintenance of recreational facilities.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactContingent on the passage of a constitutional amendment (SJR 32), the bill would allow certain conservation and reclamation districts located in El Paso County to issue bonds for the development and maintenance of recreational facilities that are supported by property taxes. It is unknown if and in what amount a bond issuance may occur; as such, the fiscal impact on units of local governments cannot be determined. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, SZ, SD, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
March 25, 2023
TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture, & Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB938 by Blanco (Relating to the issuance by certain conservation and reclamation districts of bonds for the development and maintenance of recreational facilities.), As Introduced
TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture, & Rural Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB938 by Blanco (Relating to the issuance by certain conservation and reclamation districts of bonds for the development and maintenance of recreational facilities.), As Introduced
Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture, & Rural Affairs
Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture, & Rural Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB938 by Blanco (Relating to the issuance by certain conservation and reclamation districts of bonds for the development and maintenance of recreational facilities.), As Introduced
SB938 by Blanco (Relating to the issuance by certain conservation and reclamation districts of bonds for the development and maintenance of recreational facilities.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Local Government Impact
Contingent on the passage of a constitutional amendment (SJR 32), the bill would allow certain conservation and reclamation districts located in El Paso County to issue bonds for the development and maintenance of recreational facilities that are supported by property taxes. It is unknown if and in what amount a bond issuance may occur; as such, the fiscal impact on units of local governments cannot be determined.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, SZ, SD, BRI
JMc, SZ, SD, BRI