LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 10, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: Senate Bill No. 708 Committee on Intergovernmental Relations By: Patterson, Jerry Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB708 ( Relating to the validation of all acts, governmental proceedings, officials, bonds, and obligations of navigation districts and port authorities.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB708-As Introduced No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. This bill would validate acts and proceedings of port authorities and navigation districts. Should an issue arise which might allow board actions to be questioned, this bill would confirm those actions, unless there is litigation pending. Source: Agencies: LBB Staff: JK ,BB