LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 10, 2013 TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2473 by Deshotel (Relating to use of sales and use tax proceeds by economic development corporations in connection with housing facilities for certain institutions of higher education.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to allow an economic development corporation to spend tax proceeds received for expenditures that are for the development or construction of housing facilities on or adjacent to the campus of a public state college. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, RB, SD, SJS, KK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
May 10, 2013
TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2473 by Deshotel (Relating to use of sales and use tax proceeds by economic development corporations in connection with housing facilities for certain institutions of higher education.), As Engrossed
TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2473 by Deshotel (Relating to use of sales and use tax proceeds by economic development corporations in connection with housing facilities for certain institutions of higher education.), As Engrossed
Honorable Bob Deuell, Chair, Senate Committee on Economic Development
Honorable Bob Deuell, Chair, Senate Committee on Economic Development
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2473 by Deshotel (Relating to use of sales and use tax proceeds by economic development corporations in connection with housing facilities for certain institutions of higher education.), As Engrossed
HB2473 by Deshotel (Relating to use of sales and use tax proceeds by economic development corporations in connection with housing facilities for certain institutions of higher education.), 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 allow an economic development corporation to spend tax proceeds received for expenditures that are for the development or construction of housing facilities on or adjacent to the campus of a public state college.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, RB, SD, SJS, KK
UP, RB, SD, SJS, KK