LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION
 
April 23, 2003

TO:
Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
 
FROM:
John Keel, Director, Legislative Budget Board
 
IN RE:
SB1903 by Fraser (Relating to the creation, administration, and powers of municipal development districts.), As Introduced

No fiscal implication to the State is anticipated.

The bill would expand applicability of Section 377, Local Government Code, Municipal Development Districts, to include all municipalities and a municipality's extraterritorial jurisdiction (ETJ). The bill would take effect September 1, 2003.

Current statute applies only to a municipality located in more than one county and does not address the ETJ.


Local Government Impact

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


Source Agencies:
LBB Staff:
JK, DLBa