LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 22, 2003

TO:	Honorable Robert Puente, Chair, House Committee on Natural Resources
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB1304 by Madla (Relating to the creation, division, or conversion of, or purchaser notice about, certain kinds of water districts.), Committee Report 2nd House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend the Water Code and repeal certain sections of the Water Code to address procedures related to the creation, division, or conversion of, or purchaser notice about, certain kinds of water districts. The executive director of the Texas Commission on Environmental Quality would be required to post on a publicly accessible Internet website the form of Notice to Purchasers that a seller must provide when selling property located within a district. The form would be developed by each district and submitted to the commission.

The bill would take effect September 1, 2003.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JK, CL, DLBa