Texas 2021 87th Regular

Texas Senate Bill SB1160 Fiscal Note / Fiscal Note

Filed 05/04/2021

                    LEGISLATIVE BUDGET BOARD     Austin, Texas       FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION             May 4, 2021       TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: SB1160 by Taylor (Relating to the creation of the Gulf Coast Protection District; providing authority to issue bonds; providing authority to impose fees; providing authority to impose a tax; granting the power of eminent domain.), Committee Report 2nd House, Substituted     No significant fiscal implication to the State is anticipated. The bill would amend the Special District Local Laws Code to create the Gulf Coast Protection District encompassing territory in Chambers, Galveston, Harris, Jefferson, and Orange Counties.  Local Government ImpactThe extent of property acquisition and the bond obligations of the prospective district are unknown and consequently the fiscal implications for the protection district and the local taxing jurisdictions cannot be determined.  Source Agencies: b > td > 116 Sunset Advisory Commission, 304 Comptroller of Public Accounts  LBB Staff: b > td > JMc, AJL, CMA, ANE

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 4, 2021

 

 

  TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: SB1160 by Taylor (Relating to the creation of the Gulf Coast Protection District; providing authority to issue bonds; providing authority to impose fees; providing authority to impose a tax; granting the power of eminent domain.), Committee Report 2nd House, Substituted   

TO: Honorable Tracy O. King, Chair, House Committee on Natural Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1160 by Taylor (Relating to the creation of the Gulf Coast Protection District; providing authority to issue bonds; providing authority to impose fees; providing authority to impose a tax; granting the power of eminent domain.), Committee Report 2nd House, Substituted

 Honorable Tracy O. King, Chair, House Committee on Natural Resources

 Honorable Tracy O. King, Chair, House Committee on Natural Resources

 Jerry McGinty, Director, Legislative Budget Board 

 Jerry McGinty, Director, Legislative Budget Board 

 SB1160 by Taylor (Relating to the creation of the Gulf Coast Protection District; providing authority to issue bonds; providing authority to impose fees; providing authority to impose a tax; granting the power of eminent domain.), Committee Report 2nd House, Substituted 

 SB1160 by Taylor (Relating to the creation of the Gulf Coast Protection District; providing authority to issue bonds; providing authority to impose fees; providing authority to impose a tax; granting the power of eminent domain.), Committee Report 2nd House, Substituted 



No significant fiscal implication to the State is anticipated.

No significant fiscal implication to the State is anticipated.

The bill would amend the Special District Local Laws Code to create the Gulf Coast Protection District encompassing territory in Chambers, Galveston, Harris, Jefferson, and Orange Counties.

 Local Government Impact

The extent of property acquisition and the bond obligations of the prospective district are unknown and consequently the fiscal implications for the protection district and the local taxing jurisdictions cannot be determined.

Source Agencies: b > td > 116 Sunset Advisory Commission, 304 Comptroller of Public Accounts

116 Sunset Advisory Commission, 304 Comptroller of Public Accounts

LBB Staff: b > td > JMc, AJL, CMA, ANE

JMc, AJL, CMA, ANE