LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION

May 6, 2015

TO:	Honorable Jim Keffer, Chair, House Committee on Natural Resources
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB1222 by Lucio III (relating to the authority of the Texas Water Development Board to provide financial assistance to political subdivisions for water supply projects.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would remove several audit requirements for the Texas Water Development Board (TWDB) which are currently necessary for political subdivisions to receive certain financial assistance from the TWDB.

No significant fiscal impact to TWDB is expected as a result of the bill's passage.

Local Government Impact

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

Source Agencies:

304 Comptroller of Public Accounts, 580 Water Development Board

LBB Staff:

UP, SZ, TL