LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
April 6, 2005

TO:
Honorable Anna Mowery, Chair, House Committee on Land & Resource Management
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB3251 by Ritter (Relating to the funding of the coastal protection fund and the use of money in the fund.), As Introduced



Estimated Two-year Net Impact to General Revenue Related Funds for HB3251, As Introduced: an impact of $0 through the biennium ending August 31, 2007.

The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.



Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2006 $0
2007 $0
2008 $0
2009 $0
2010 $0




Fiscal Year Probable Revenue Gain/(Loss) from
COASTAL PROTECTION ACCT
27
2006 $0
2007 $27,838,000
2008 ($17,957,000)
2009 ($20,577,000)
2010 $26,312,000

Fiscal Analysis

This bill would amend Chapter 40 of the Natural Resources Code to authorize the use of General Revenue-Dedicated Coastal Protection Account No. 027 for coastal management programs and temporarily raise the limit of the unencumbered balance of General Revenue-Dedicated Coastal Protection Account No. 027 to $50 million from $25 million, through August 31, 2007.


Methodology

Under current law, the fee collection starts and ends when the unencumbered balance of the account falls below $14 million and reaches $25 million, respectively. As such, the current fee collection cycle that began in January 2005 is expected to end by September 2006.

 

Under the increased limit of $50 million proposed by the bill, the fee collection cycle would be expected to continue until September 2007, the expiration date of the temporary limit. This estimate is based on the same spending pattern for General Revenue-Dedicated Coastal Protection Account No. 027 as that used for the 2006-07 Comptroller's Biennial Revenue Estimate.


Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 455 Railroad Commission
LBB Staff:
JOB, WK, ZS, JF