LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 2, 1995 TO: Honorable David Counts, Chair IN RE: House Bill No. 2875 Committee on Natural Resources By: Johnson House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 2875 (Relating to the continued eligibility for assistance of certain areas formerly classified as economically distressed areas.) this office has determined the following: This bill would amend the Texas Water Code to change the eligibility criteria for certain political subdivisions applying for financial assistance as an economically distressed area. The bill would allow the Texas Water Development Board to approve financial assistance to political subdivisions despite improvements in economic conditions of the county after an application for assistance was submitted. No significant fiscal implication to the State or units of local government is anticipated. Source: Water Development Board LBB Staff: JK, CG, DF