LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 14, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB967 by VanDeaver (Relating to the powers of the Texamericas Center.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Special District Local Laws Code allowing the Texamericas Center to amend its authority and allow establishment of nonprofit corporations for special projects. The bill would also allow the Board of Texamericas Center to appoint to the board of directors for the nonprofit. The bill would take effect September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:300 Trusteed Programs Within the Office of the Governor LBB Staff: UP, JGA, GG, BM, LBe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 14, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB967 by VanDeaver (Relating to the powers of the Texamericas Center.), As Introduced TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB967 by VanDeaver (Relating to the powers of the Texamericas Center.), 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 HB967 by VanDeaver (Relating to the powers of the Texamericas Center.), As Introduced HB967 by VanDeaver (Relating to the powers of the Texamericas Center.), 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 allowing the Texamericas Center to amend its authority and allow establishment of nonprofit corporations for special projects. The bill would also allow the Board of Texamericas Center to appoint to the board of directors for the nonprofit. The bill would take effect September 1, 2017. The bill would amend the Special District Local Laws Code allowing the Texamericas Center to amend its authority and allow establishment of nonprofit corporations for special projects. The bill would also allow the Board of Texamericas Center to appoint to the board of directors for the nonprofit. The bill would take effect September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 300 Trusteed Programs Within the Office of the Governor 300 Trusteed Programs Within the Office of the Governor LBB Staff: UP, JGA, GG, BM, LBe UP, JGA, GG, BM, LBe