LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 11, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2681 by Bell (Relating to the creation of the Blaketree Municipal Utility District No. 2 of Montgomery County; 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 Blaketree Municipal Utility District No. 2 of Montgomery County. The district would have the authority for road projects. The district may issue bonds or other obligations without an election. The district may impose an operation and maintenance tax and a contract tax after the provisions of the contract have been approved by a majority of the district voters voting at an election held for such purpose. The district may not exercise the power of eminent domain. 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 11, 2017
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2681 by Bell (Relating to the creation of the Blaketree Municipal Utility District No. 2 of Montgomery County; 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: HB2681 by Bell (Relating to the creation of the Blaketree Municipal Utility District No. 2 of Montgomery County; 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
HB2681 by Bell (Relating to the creation of the Blaketree Municipal Utility District No. 2 of Montgomery County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced
HB2681 by Bell (Relating to the creation of the Blaketree Municipal Utility District No. 2 of Montgomery County; 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 Blaketree Municipal Utility District No. 2 of Montgomery County. The district would have the authority for road projects. The district may issue bonds or other obligations without an election. The district may impose an operation and maintenance tax and a contract tax after the provisions of the contract have been approved by a majority of the district voters voting at an election held for such purpose. The district may not exercise the power of eminent domain. 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