LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 21, 2011

TO:	Honorable Troy Fraser, Chair, Senate Committee on Natural Resources
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	SB914 by Wentworth (Relating to the applicability to certain regional water districts of provisions concerning bond approval by the Texas Commission on Environmental Quality.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Water Code to exempt a conservation and reclamation district located in at least three counties that has the rights, powers, privileges and functions applicable to a river authority from the requirement of obtaining prior bond approval from the Texas Commission on Environmental Quality (TCEQ).

Local Government Impact

Although a district could more easily issue bonds, no significant fiscal implications are anticipated.

The Sabine River Authority reported the fiscal impact is not anticipated to be significant.

Source Agencies:

582 Commission on Environmental Quality

LBB Staff:

JOB, SZ, TP