LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 3, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2987 by Fallon (Relating to the powers and duties of the Denton County Municipal Utility Districts Nos. 4 and 5; 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 expanding the powers of the Denton County Municipal Utility District Nos. 4 and 5. The districts would have authority for road projects. The bill would take effect August 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
May 3, 2017
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2987 by Fallon (Relating to the powers and duties of the Denton County Municipal Utility Districts Nos. 4 and 5; 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: HB2987 by Fallon (Relating to the powers and duties of the Denton County Municipal Utility Districts Nos. 4 and 5; 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
HB2987 by Fallon (Relating to the powers and duties of the Denton County Municipal Utility Districts Nos. 4 and 5; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced
HB2987 by Fallon (Relating to the powers and duties of the Denton County Municipal Utility Districts Nos. 4 and 5; 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 expanding the powers of the Denton County Municipal Utility District Nos. 4 and 5. The districts would have authority for road projects. The bill would take effect August 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