LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 10, 2025 TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB422 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, TUf, MW, AJL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 10, 2025
TO: Honorable Cody Harris, Chair, House Committee on Natural Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB422 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 Cody Harris, Chair, House Committee on Natural Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB422 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 Cody Harris, Chair, House Committee on Natural Resources
Honorable Cody Harris, Chair, House Committee on Natural Resources
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB422 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
HB422 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, TUf, MW, AJL
JMc, TUf, MW, AJL