LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 3, 2023 TO: Honorable J. M. Lozano, Chair, House Committee on Urban Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1492 by Ordaz (Relating to the conveyance of property by a municipality for the public purpose of economic development.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactThe fiscal implications of the bill to municipalities cannot be determined due to the circumstances relating to municipalities' conveyance of property being unknown. No fiscal implication to other units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, AF, BC, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 3, 2023 TO: Honorable J. M. Lozano, Chair, House Committee on Urban Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1492 by Ordaz (Relating to the conveyance of property by a municipality for the public purpose of economic development.), As Introduced TO: Honorable J. M. Lozano, Chair, House Committee on Urban Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1492 by Ordaz (Relating to the conveyance of property by a municipality for the public purpose of economic development.), As Introduced Honorable J. M. Lozano, Chair, House Committee on Urban Affairs Honorable J. M. Lozano, Chair, House Committee on Urban Affairs Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB1492 by Ordaz (Relating to the conveyance of property by a municipality for the public purpose of economic development.), As Introduced HB1492 by Ordaz (Relating to the conveyance of property by a municipality for the public purpose of economic development.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact The fiscal implications of the bill to municipalities cannot be determined due to the circumstances relating to municipalities' conveyance of property being unknown. No fiscal implication to other units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, AF, BC, DPE JMc, AF, BC, DPE