LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                              April 1, 1999
  
  
          TO:  Honorable Bill Carter, Chair, House Committee on Urban
               Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB 3619  by Truitt (Relating to developer participation
               contracts.), As Introduced
  
**************************************************************************
*  No fiscal implication to the State is anticipated.                    *
*                                                                        *
*  The bill would make no appropriation but could provide the legal      *
*  basis for an appropriation of funds to implement the provisions of    *
*  the bill.                                                             *
**************************************************************************
  
Local Government Impact
  
The bill would allow a municipality with a population between 20,000 and
50,000 to enter into a contract with a developer in which the developer
would construct the improvements and the municipality would participate
in their cost, as determined by the contract. A municipality entering
into such a contract could be responsible for up to 30 percent of the
total contract price.
  
  
Source Agencies:   
LBB Staff:         JK, TL