LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATURE 2nd CALLED SESSION - 2005

August 8, 2005

TO:	Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	SB35 by Jackson, Mike (Relating to the creation of municipal management districts by certain small municipalities; providing authority to impose an assessment or sales and use tax, and to issue bonds.), As Introduced

No fiscal implication to the State is anticipated.

The bill would add Chapter 375A to Title 12 of the Local Government Code to authorize certain small municipalities in certain counties to establish a municipal management district. Provisions of the bill would establish how the district would be established, operated, funded, and dissolved.

The bill would take effect immediately if it were to receive the required two-thirds vote in each house; otherwise, it would take effect the 91st day after the last day of the legislative session.

Local Government Impact

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

Source Agencies:

LBB Staff:

JOB, DLBa