TO: | Honorable Anna Mowery, Chair, House Committee on Land & Resource Management |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | SB710 by Jackson (Relating to the share of the cost of a coastal erosion study or project required to be paid by a qualified project partner under an agreement with the commissioner of the General Land Office.), As Engrossed |
The bill would amend the Coastal Erosion Planning and Response Act (CEPRA) to change the match rate for local coastal communities from 15 percent to 25 percent for beach nourishment projects and to 40 percent for marsh restoration or bay shoreline protection projects. The bill would also provide for one large-scale Gulf shorline beach nourishment project to be unmatched.
No significant fiscal impact is anticipated because any amounts gained by reduced state participation due to increases in local match would be used to fund the large-scale beach nourishment project which would not require a local match. The cost of the large-scale project could not exceed one-third of the total amount appropriated to the General Land Office for coastal erosion planning and response.
Source Agencies: | 305 General Land Office and Veterans' Land Board
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LBB Staff: | JK, CL, MS
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