LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 23, 1997 TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 844 Committee on Finance By: Truan Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB844 ( Relating to the allocation and use of community development block grants in certain economically distressed areas.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB844-As Introduced No fiscal implication to the State is anticipated. The bill would require the Comptroller to place $2 million per year from Community Development Block Grant funds into a GR-Dedicated account to pay for residential service lines, hookups, and plumbing improvements associated with water and wastewater improvements under the Economically Distressed Areas Program. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,RR ,RA