LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

May 9, 2009

TO:	Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB2292 by Lucio (Relating to the establishment of a natural disaster housing reconstruction initiative.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Government Code relating to the establishment of a natural disaster housing reconstruction initiative. The Texas Department of Housing and Community Affairs could incur costs to the extent it chose to fund a portion of the initiative if local entities did not do so. Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. 

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, KJG, CL, NV