LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                        February 27, 1995



 TO:     Honorable David Counts, Chair          IN RE:  House Bill No. 1236
         Committee on Natural Resources                 By: Hartnett
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
1236 (Relating to the authority of Dallas County Utility and
Reclamation District to enter into tax abatement agreements, to
designate reinvestment zones and to utilize all functions and
procedures of the Property Redevelopment and Tax Abatement Act,
Title 3, Ch. 312 of the Texas Tax Code; and validating prior
elections and other actions and contracts.; Relating to the
authority of Dallas County Utility and Reclamation District to
enter into tax abatement agreements, to designate reinvestment
zones and to utilize all functions and procedures of the Property
Redevelopment and Tax Abatement Act, Title 3, Ch. 312 of the
Texas Tax Code; and validating prior elections and other actions
and contracts.) this office has determined the following:

The bill would grant Dallas County Utility and Reclamation
District the authority to enter into tax abatement agreements. 
The bill would enable the governing body of the District to
designate an area within its boundaries as a reinvestment zone.

The bill would confer upon the District and its governing body
all the rights, powers and authorities granted to a municipality
that are listed in the Tax Abatement Act.

Under the current Education Code, there would be no fiscal
implication to the state as a result of  local tax abatement
agreements granted by a district.

The impact on local governments would depend on the actions of
the local officials and cannot be determined.    




 


Source:   Comptroller of Public Accounts, Natural Resources
Conservation Commission
          LBB Staff: JK, BR, DF