Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB2529 by Estes (Relating to the creation of the Red River Groundwater Conservation District; providing authority to issue bonds.), Committee Report 1st House, As Amended
No fiscal implication to the State is anticipated.
The bill will take effect September 1, 2009.
Local Government Impact
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 House/Senate as to its probable fiscal implication on units of local government.