LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 18, 2023 TO: Honorable Victoria Neave Criado, Chair, House Committee on County Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB5321 by Bell, Cecil (Relating to the authority of the East Montgomery County Improvement District to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactThe district could see increased revenue from certain taxes the bill would authorize the district to collect. Source Agencies: b > td > LBB Staff: b > td > JMc, AF, BC, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 18, 2023 TO: Honorable Victoria Neave Criado, Chair, House Committee on County Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB5321 by Bell, Cecil (Relating to the authority of the East Montgomery County Improvement District to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.), As Introduced TO: Honorable Victoria Neave Criado, Chair, House Committee on County Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB5321 by Bell, Cecil (Relating to the authority of the East Montgomery County Improvement District to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.), As Introduced Honorable Victoria Neave Criado, Chair, House Committee on County Affairs Honorable Victoria Neave Criado, Chair, House Committee on County Affairs Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB5321 by Bell, Cecil (Relating to the authority of the East Montgomery County Improvement District to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.), As Introduced HB5321 by Bell, Cecil (Relating to the authority of the East Montgomery County Improvement District to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact The district could see increased revenue from certain taxes the bill would authorize the district to collect. Source Agencies: b > td > LBB Staff: b > td > JMc, AF, BC, DPE JMc, AF, BC, DPE