LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 24, 1997
         
         
      TO: Honorable Eddie Lucio, Jr., Chair            IN RE:  Senate Bill No. 269
          Committee on Intergovernmental Relations                              By: Barrientos
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB269 ( Relating 
to the waiver or alternate use of municipal impact fees.) this 
office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB269-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
          
This bill would apply only to municipalities that collect impact 
fees.

This bill would grant cities the authority to waive 
impact fees for affordable housing programs funded through the 
Texas Department of Housing and Community Affairs (TDHCA) and 
to use impact fees to fund first time homebuyer programs.

No 
significant fiscal implication to units of local government 
is anticipated.  This bill could actually have a positive impact 
on municipalities which have determined that, under current 
law, they do not have the authority to waive impact fees.  Such 
municipalities would be able to use waived impact fees as matching 
funds in grant applications for affodable housing, increasing 
the likelihood that they would receive such grants. 
          
   Source:            Agencies:   332   Department of Housing and Community Affairs
                                         304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,TL ,RA