LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              April 1, 2001
  
  
          TO:  Honorable David Sibley, Chair, Senate Committee on
               Business & Commerce
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB980  by Carona (Relating to the imposition by a
               municipality of a moratorium on property development in
               certain circumstances.), As Introduced
  
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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 property development.  A municipality would be
required to conduct public hearings, publish notice of the hearings, and
issue written findings to justify the moratorium.  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, JO, CL, DB