LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 6, 2011 TO: Honorable Mike Jackson, Chair, Senate Committee on Economic Development 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.), As Engrossed 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, AG, SZ, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 6, 2011
TO: Honorable Mike Jackson, Chair, Senate Committee on Economic Development 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.), As Engrossed
TO: Honorable Mike Jackson, Chair, Senate Committee on Economic Development
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.), As Engrossed
Honorable Mike Jackson, Chair, Senate Committee on Economic Development
Honorable Mike Jackson, Chair, Senate Committee on Economic Development
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.), As Engrossed
HB1643 by Zerwas (Relating to the duration of a development agreement governing land in the extraterritorial jurisdiction of certain municipalities.), As Engrossed
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, AG, SZ, TP
JOB, AG, SZ, TP