LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 21, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1439 by Bell (Relating to providing road district powers to the Wood Trace Municipal Utility District No. 3 of Montgomery County, Texas; providing authority to issue bonds.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Special District Local Laws adding the Wood Trace Municipal Utility District No.3 of Montgomery County. The district would have authority for road projects including the issuance of bonds. The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise the bill would take effect September 1, 2017. Local Government Impact According to Montgomery County no fiscal impact is anticipated from the provisions of the bill. Source Agencies: LBB Staff: UP, JGA, GG, BM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 21, 2017
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1439 by Bell (Relating to providing road district powers to the Wood Trace Municipal Utility District No. 3 of Montgomery County, Texas; providing authority to issue bonds.), As Introduced
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1439 by Bell (Relating to providing road district powers to the Wood Trace Municipal Utility District No. 3 of Montgomery County, Texas; providing authority to issue bonds.), As Introduced
Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts
Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1439 by Bell (Relating to providing road district powers to the Wood Trace Municipal Utility District No. 3 of Montgomery County, Texas; providing authority to issue bonds.), As Introduced
HB1439 by Bell (Relating to providing road district powers to the Wood Trace Municipal Utility District No. 3 of Montgomery County, Texas; providing authority to issue bonds.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Special District Local Laws adding the Wood Trace Municipal Utility District No.3 of Montgomery County. The district would have authority for road projects including the issuance of bonds. The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise the bill would take effect September 1, 2017.
Local Government Impact
According to Montgomery County no fiscal impact is anticipated from the provisions of the bill.
Source Agencies:
LBB Staff: UP, JGA, GG, BM
UP, JGA, GG, BM