LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 23, 2009 TO: Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB978 by West (Relating to the creation and financing of public improvement districts.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend Chapter 372 of the Local Government Code to expand the methods that can be used to fund public improvement projects, to add projects that qualify for funding as a public improvement project, and to provide for additional uses of public improvement district funds. In addition, the bill would make changes to operational procedures of a district such as those relating to posting and filing notices, dissolving a district, revising assessment rolls, and revising assessments. Provisions of the bill specify that a public improvement district is not a separate body politic or corporate from the municipality or county that created it. The bill would amend the Education Code to stipulate that approval by the Higher Education Coordinating Board would not be required for buildings or other facilities financed by a public improvement district under Chapter 372, Local Government Code. All governmental acts and proceedings conducted under Chapter 372 prior to the effective date of the bill related to establishing a public improvement district, designating improvements, levying assessments, and financing costs of improvements in response to a petition filed that conform with Section 372.005, Local Government Code, as it existed prior to the effective date of the bill would be validated and confirmed. The bill would take effect immediately if it were to receive the required two-thirds vote in each house; otherwise, it would take effect September 1, 2009. According to the Higher Education Coordinating Board, proposed changes to the Education Code would not have a fiscal impact on the agency. Local Government Impact A municipality or county that has created or would create a public improvement district would benefit from the additional methods of financing. The positive fiscal impact would vary depending on decisions made by the governing body. Procedural changes are not anticipated to have significant fiscal implications. Source Agencies:781 Higher Education Coordinating Board LBB Staff: JOB, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 23, 2009
TO: Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB978 by West (Relating to the creation and financing of public improvement districts.), Committee Report 1st House, Substituted
TO: Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB978 by West (Relating to the creation and financing of public improvement districts.), Committee Report 1st House, Substituted
Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB978 by West (Relating to the creation and financing of public improvement districts.), Committee Report 1st House, Substituted
SB978 by West (Relating to the creation and financing of public improvement districts.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapter 372 of the Local Government Code to expand the methods that can be used to fund public improvement projects, to add projects that qualify for funding as a public improvement project, and to provide for additional uses of public improvement district funds. In addition, the bill would make changes to operational procedures of a district such as those relating to posting and filing notices, dissolving a district, revising assessment rolls, and revising assessments. Provisions of the bill specify that a public improvement district is not a separate body politic or corporate from the municipality or county that created it. The bill would amend the Education Code to stipulate that approval by the Higher Education Coordinating Board would not be required for buildings or other facilities financed by a public improvement district under Chapter 372, Local Government Code. All governmental acts and proceedings conducted under Chapter 372 prior to the effective date of the bill related to establishing a public improvement district, designating improvements, levying assessments, and financing costs of improvements in response to a petition filed that conform with Section 372.005, Local Government Code, as it existed prior to the effective date of the bill would be validated and confirmed. The bill would take effect immediately if it were to receive the required two-thirds vote in each house; otherwise, it would take effect September 1, 2009. According to the Higher Education Coordinating Board, proposed changes to the Education Code would not have a fiscal impact on the agency.
The bill would amend Chapter 372 of the Local Government Code to expand the methods that can be used to fund public improvement projects, to add projects that qualify for funding as a public improvement project, and to provide for additional uses of public improvement district funds. In addition, the bill would make changes to operational procedures of a district such as those relating to posting and filing notices, dissolving a district, revising assessment rolls, and revising assessments. Provisions of the bill specify that a public improvement district is not a separate body politic or corporate from the municipality or county that created it.
The bill would amend the Education Code to stipulate that approval by the Higher Education Coordinating Board would not be required for buildings or other facilities financed by a public improvement district under Chapter 372, Local Government Code.
All governmental acts and proceedings conducted under Chapter 372 prior to the effective date of the bill related to establishing a public improvement district, designating improvements, levying assessments, and financing costs of improvements in response to a petition filed that conform with Section 372.005, Local Government Code, as it existed prior to the effective date of the bill would be validated and confirmed.
The bill would take effect immediately if it were to receive the required two-thirds vote in each house; otherwise, it would take effect September 1, 2009.
According to the Higher Education Coordinating Board, proposed changes to the Education Code would not have a fiscal impact on the agency.
Local Government Impact
A municipality or county that has created or would create a public improvement district would benefit from the additional methods of financing. The positive fiscal impact would vary depending on decisions made by the governing body. Procedural changes are not anticipated to have significant fiscal implications.
Source Agencies: 781 Higher Education Coordinating Board
781 Higher Education Coordinating Board
LBB Staff: JOB, DB
JOB, DB