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No fiscal implication to units of local government is anticipated.
SB 695 proposes to create an interim committee which would study the
feasibility and desirability of creating and maintaining further coastal
barriers in Texas, namely to protect against storm surge damage to the Gulf
Coast. SB 695 also specifies the qualifications that committee members would be
required to possess. It also requires that, should the bill pass, the committee
must submit a report of its findings to the governor and the legislature no
later than December 1st 2016.
SB 695 does not authorize any new construction projects but simply
allows for the creation a new interim committee. Members are chosen from among
the legislature and the fiscal impact is neutral. The actual results of the potential
committee report are not known. For these reasons we are neutral on SB 695.
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