LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 30, 1997 TO: Honorable Fred M. Bosse, Chair IN RE: House Bill No. 3082, Committee Report 1st House, Substituted Committee on Land and Resource Management By: Gray House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB3082 ( Relating to coastal erosion.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB3082-Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. This bill would create the Coastal Erosion Response Fund in the State Treasury to receive all money appropriated for the purposes of this bill and to receive money from other sources intended for erosion response activity. Use of the fund would be limited to activities relating to the cause and control of shoreline erosion. Contingent upon appropriation to the General Land Office (GLO) for erosion response activities, the bill would allow local governmental entities to apply for and receive grant funding to conduct erosion response activities. Local governments could use grant funding as a match in seeking other funding, however, the GLO may establish cost share requirements for any proposed project or grant. Local governments may lose certain property from their tax rolls to the Permanent School Fund if the property becomes submerged due to erosion. Source: Agencies: 304 Comptroller of Public Accounts 305 General Land Office and Veterans' Land Board LBB Staff: JK ,BB ,NT