NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used for other purposes.

 

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F I S C A L   I M P A C T   R E P O R T

 

 

 

SPONSOR:

SCONC

 

DATE TYPED:

3/17/03

 

HB

 

 

SHORT TITLE:

Amending Water and Sanitation District Act

 

SB

447/SCONCS

 

 

ANALYST:

Maloy

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

FY03

FY04

 

 

 

NFI

 

NFI

 

 

 

 

 

 

 

 

 

SOURCES OF INFORMATION

 

LFC Files

 

SUMMARY

 

Synopsis of Bill

 

The Senate Conservation Committee Substitute for Senate Bill 447 modifies existing law governing special districts to provide that water and sanitation districts may be created for the purpose of “purchasing, acquiring, establishing, constructing or operating other public works, community facilities or economic development projects”. 

 

FISCAL IMPLICATIONS

 

There are no known fiscal implications for the state.

 

SJM/njw