LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 5, 2015 TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB4025 by Keffer (Relating to county energy transportation reinvestment zones.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Transportation Code to permit a county with a county energy transportation reinvestment zone (CERTZ) to use money in the tax increment account to provide funding for transportation infrastructure projects throughout the county. The bill would permit a commissioners court to enter into an agreement with the Texas Department of Transportation (TXDoT) to designate a CERTZ involving a state highway located in the county. The bill would permit a county to create an advisory board to advise the county on the CERTZ. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 601 Department of Transportation LBB Staff: UP, AG, SD, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 5, 2015
TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB4025 by Keffer (Relating to county energy transportation reinvestment zones.), As Engrossed
TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB4025 by Keffer (Relating to county energy transportation reinvestment zones.), As Engrossed
Honorable Robert Nichols, Chair, Senate Committee on Transportation
Honorable Robert Nichols, Chair, Senate Committee on Transportation
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB4025 by Keffer (Relating to county energy transportation reinvestment zones.), As Engrossed
HB4025 by Keffer (Relating to county energy transportation reinvestment zones.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to permit a county with a county energy transportation reinvestment zone (CERTZ) to use money in the tax increment account to provide funding for transportation infrastructure projects throughout the county. The bill would permit a commissioners court to enter into an agreement with the Texas Department of Transportation (TXDoT) to designate a CERTZ involving a state highway located in the county. The bill would permit a county to create an advisory board to advise the county on the CERTZ.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 601 Department of Transportation
304 Comptroller of Public Accounts, 601 Department of Transportation
LBB Staff: UP, AG, SD, EK
UP, AG, SD, EK