LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 30, 2011 TO: Honorable Rene Oliveira, Chair, House Committee on Land & Resource Management FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1643 by Zerwas (Relating to development agreements governing land in a municipality's extraterritorial jurisdiction.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to remove the time limitation of 15 years on a development agreement between the governing body of a municipality and the owner of land that is located in the extraterritorial jurisdiction of the municipality. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, SZ, TP LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 30, 2011 TO: Honorable Rene Oliveira, Chair, House Committee on Land & Resource Management FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1643 by Zerwas (Relating to development agreements governing land in a municipality's extraterritorial jurisdiction.), As Introduced TO: Honorable Rene Oliveira, Chair, House Committee on Land & Resource Management FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB1643 by Zerwas (Relating to development agreements governing land in a municipality's extraterritorial jurisdiction.), As Introduced Honorable Rene Oliveira, Chair, House Committee on Land & Resource Management Honorable Rene Oliveira, Chair, House Committee on Land & Resource Management John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board HB1643 by Zerwas (Relating to development agreements governing land in a municipality's extraterritorial jurisdiction.), As Introduced HB1643 by Zerwas (Relating to development agreements governing land in a municipality's extraterritorial jurisdiction.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to remove the time limitation of 15 years on a development agreement between the governing body of a municipality and the owner of land that is located in the extraterritorial jurisdiction of the municipality. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, SZ, TP JOB, SZ, TP