LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 18, 2003

TO:	Honorable Anna Mowery, Chair, House Committee on Land & Resource Management
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2924 by Geren (Relating to the addition of territory to a public improvement district.), As Introduced

No fiscal implication to the State is anticipated.

The bill would authorize a municipality to add territory in the municipality or its extraterritorial jurisdiction to a public improvement district created by the municipality, if requested via a petition signed by a certain number of applicable property owners. The bill would also authorize a county to add territory in the county to a public improvement district created by the county if requested via a petition signed by a certain number of applicable property owners.

The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise, it would take effect September 1, 2003.

Various local government associations were contacted regarding the estimated fiscal impact of the provisions of the bill.

Local Government Impact

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

Source Agencies:
LBB Staff:	JK, CL, DLBa