LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 31, 1997 TO: Honorable Bob Bullock Honorable James E. "Pete" Laney Lieutenant Governor Speaker of the House Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1425 ( relating to confirmation elections for and costs relating to the establishment of certain county development districts) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1425-Conference Committee Report No fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. The bill would allow a county to order that costs associated with the creation of a county development district, including publishing costs, public hearing costs, and the cost of a confirmation and sales and use tax election, be paid by the person petitioning the county for the creation of the district. The bill's enactment could therefore result in some savings to counties. Source: Agencies: LBB Staff: JK ,RR ,TL