LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 2, 2017 TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1198 by Zaffirini (Relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority; providing authority to issue bonds; granting the power of eminent domain; providing authority to impose fees.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend the Special District Local Laws Code relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority. The bill provides general provisions of the authority including: authority territory, eligibility for directorship, terms of office, and powers and duties. The authority would have the authority of eminent domain to acquire property and the authority would be prohibited from imposing an ad valorem tax. The authority would be allowed to issue bonds and charge fees, rates and other charges for the debt service of bonds. The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise, it 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, SZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 2, 2017
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1198 by Zaffirini (Relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority; providing authority to issue bonds; granting the power of eminent domain; providing authority to impose fees.), As Engrossed
TO: Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1198 by Zaffirini (Relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority; providing authority to issue bonds; granting the power of eminent domain; providing authority to impose fees.), As Engrossed
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
SB1198 by Zaffirini (Relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority; providing authority to issue bonds; granting the power of eminent domain; providing authority to impose fees.), As Engrossed
SB1198 by Zaffirini (Relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority; providing authority to issue bonds; granting the power of eminent domain; providing authority to impose fees.), 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 relating to the conversion of the Hays Caldwell Public Utility Agency to the Alliance Regional Water Authority. The bill provides general provisions of the authority including: authority territory, eligibility for directorship, terms of office, and powers and duties. The authority would have the authority of eminent domain to acquire property and the authority would be prohibited from imposing an ad valorem tax. The authority would be allowed to issue bonds and charge fees, rates and other charges for the debt service of bonds. The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise, it 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, SZ
UP, JGA, GG, BM, SZ