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