LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 12, 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 the duration of a development agreement governing land in the extraterritorial jurisdiction of certain municipalities.), Committee Report 1st House, Substituted 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 April 12, 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 the duration of a development agreement governing land in the extraterritorial jurisdiction of certain municipalities.), Committee Report 1st House, Substituted 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 the duration of a development agreement governing land in the extraterritorial jurisdiction of certain municipalities.), Committee Report 1st House, Substituted 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 the duration of a development agreement governing land in the extraterritorial jurisdiction of certain municipalities.), Committee Report 1st House, Substituted HB1643 by Zerwas (Relating to the duration of a development agreement governing land in the extraterritorial jurisdiction of certain municipalities.), 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 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