Honorable Eliot Shapleigh, Chair, Senate Committee on Subcommittee on Base Realignment and Closure
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
SB1143 by Madla (Relating to designation of defense economic readjustment zones. ), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
SB 1143 would amend the Government Code to permit a city or county to amend the boundaries of its defense economic readjustment zone to exclude an area from the zone, if the area does not contain a qualified business designated as a defense readjustment project. The Texas Department of Economic Development may designate the same qualified business in a readjustment zone as more than one defense readjustment project.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 480 Texas Department of Economic Development