LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 30, 1997
TO: Honorable J.E. "Buster" Brown, Chair IN RE: Senate Bill No. 1339, Committee Report 1st House, Substituted
Committee on Natural Resources By: Patterson,Jerry
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1339 ( Relating
to coastal erosion.) this office has detemined the following:
Biennial Net Impact to General Revenue Funds by SB1339-Committee Report 1st House, Substituted
No significant 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