LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              April 11, 2001
  
  
          TO:  Honorable Gary Walker, Chair, House Committee on Land &
               Resource Management
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB2117  by Walker (Relating to the imposition by a
               municipality of a moratorium on property development in
               certain circumstances.), Committee Report 1st House,
               Substituted
  
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*  No fiscal implication to the State is anticipated.                    *
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The bill would set forth procedures that municipalities must follow when
placing a moratorium on residential property development.  A
municipality would be required to conduct public hearings, publish
notice of the hearings, and issue written findings to justify the
moratorium. A temporary moratorium would take effect the fifth business
day after notice is published of a hearing on the moratorium issue.  If
a municipality wanted to extend the moratorium past the 120 days allowed
in the proposed statute, another public hearing and written findings
would be required.  Procedures would also be required to permit
landowners to apply for waivers.
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   304   Comptroller of Public Accounts
LBB Staff:         JK, CL, DB