LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 17, 2017 TO: Honorable Lois W. Kolkhorst, Chair, Senate Committee on Administration FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB967 by VanDeaver (Relating to the powers of the TexAmericas Center.), As Engrossed 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 nonprofit corporation may not exercise the power of eminent domain.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, KK, JGA, GG, BM, LBe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 17, 2017
TO: Honorable Lois W. Kolkhorst, Chair, Senate Committee on Administration FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB967 by VanDeaver (Relating to the powers of the TexAmericas Center.), As Engrossed
TO: Honorable Lois W. Kolkhorst, Chair, Senate Committee on Administration
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB967 by VanDeaver (Relating to the powers of the TexAmericas Center.), As Engrossed
Honorable Lois W. Kolkhorst, Chair, Senate Committee on Administration
Honorable Lois W. Kolkhorst, Chair, Senate Committee on Administration
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB967 by VanDeaver (Relating to the powers of the TexAmericas Center.), As Engrossed
HB967 by VanDeaver (Relating to the powers of the TexAmericas Center.), As Engrossed
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 nonprofit corporation may not exercise the power of eminent domain.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, KK, JGA, GG, BM, LBe
UP, KK, JGA, GG, BM, LBe