LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION
 
April 12, 2003

TO:
Honorable Glenn Lewis, Chair, House Committee on County Affairs
 
FROM:
John Keel, Director, Legislative Budget Board
 
IN RE:
HB2764 by Garza (Relating to powers and duties of a municipal county authority.), As Introduced

No fiscal implication to the State is anticipated.

The bill would increase from 5,000 to 25,000 the population size of a municipality in which the municipal hospital authority would be authorized to borrow money from a federally insured lending institution for any of the authority's purposes. The bill would take effect immediately if it receives a vote of two-thirds in each house; otherwise, it would take effect September 1, 2003.

Providing an additional mechanism for financing the authority's needs would provide a positive fiscal impact.


Local Government Impact

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


Source Agencies:
LBB Staff:
JK, DLBa