LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 28, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: Senate Bill No. 1930, Committee Report 1st House, Substituted Committee on Intergovernmental Relations By: Ratliff Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1930 ( Relating to the creation of the Red River Redevelopment Authority; granting the power of eminent domain and the authority to issue bonds; authorizing a tax.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1930-Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the Senate as to its probable fiscal implication on units of local government. Source: Agencies: LBB Staff: JK ,TL