LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 9, 2003

TO:	Honorable Kenneth Armbrister, Chair, Senate Committee on Natural Resources
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2662 by Puente (Relating to the authority of a municipality to sell a water or sewer system without an election.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would repeal Section 402.908, Local Government Code. The code that would be repealed authorizes a municipality, without an election, to sell certain water districts a water or sewer system owned by the municipality. The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise, it would take effect September 1, 2003.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JK, CL, DLBa