LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 5, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1963 by Thompson, Ed (Relating to the creation of the Brazoria County Municipal Utility District No. 70; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Special District Local Laws Code establishing the Brazoria County Municipal Utility District No. 70. The district would have authority for road projects. The district may issue without an election the bonds and other obligations secured by revenue other than ad valorem taxes, or contract payments secured by contract taxes. The district may impose an operation and maintenance tax and a contract tax. The district may not exercise the power of eminent domain. 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 No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, JGA, GG, BM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 5, 2017
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1963 by Thompson, Ed (Relating to the creation of the Brazoria County Municipal Utility District No. 70; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1963 by Thompson, Ed (Relating to the creation of the Brazoria County Municipal Utility District No. 70; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), 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
HB1963 by Thompson, Ed (Relating to the creation of the Brazoria County Municipal Utility District No. 70; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced
HB1963 by Thompson, Ed (Relating to the creation of the Brazoria County Municipal Utility District No. 70; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), 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 Code establishing the Brazoria County Municipal Utility District No. 70. The district would have authority for road projects. The district may issue without an election the bonds and other obligations secured by revenue other than ad valorem taxes, or contract payments secured by contract taxes. The district may impose an operation and maintenance tax and a contract tax. The district may not exercise the power of eminent domain. 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
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: UP, JGA, GG, BM
UP, JGA, GG, BM