BILL ANALYSIS
C.S.S.B. 1329
By: Nelson
Intergovernmental Relations
4-6-95
Committee Report (Substituted)
BACKGROUND
Municipalities are authorized to charge various types of impact
fees which may only be used to pay the costs of constructing
capital improvements or facility expansions.
PURPOSE
As proposed, C.S.S.B. 1329 sets forth provisions relating to the
use of impact fees by a municipality.
RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not grant any
additional rulemaking authority to a state officer, institution, or
agency.
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 395.012, Local Government Code, by adding
Subsections (d) and (e), as follows:
(d) Authorizes a municipality to pledge an impact fee as
security for the payment of debt service on a bond, note, or
other obligation issued to finance a capital improvement or
public facility expansion if the improvement or expansion is
identified in a capital improvement plan; and the governing
body of a municipality certifies in a written order,
ordinance, or resolution that none of the impact fee will be
used or expended for an improvement or expansion not
identified in the plan.
(e) Provides that a certification under Subsection (d)(2) is
sufficient evidence that an impact fee pledged will not be
used or expended for an improvement or expansion that is not
identified in the capital improvement plan.
SECTION 2. Emergency clause.
Effective date: upon passage.