LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

May 6, 2005

TO:	Honorable Dennis Bonnen, Chair, House Committee on Environmental Regulation
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB2728 by Flores (Relating to the authority of certain development corporations to undertake projects for seqage or solid waste facilties, recycling facilities, or air or water pollution control facilities.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would amend Section 2(11) of the Development Corporation Act of 1979 (the Act) found in Article 5190.6, Vernon's Texas Civil Statutes to allow a city or county development corporation to fund infrastructure for new or expanded business enterprises, including projects for airports, ports, mass commuting facilities, parking facilities, other transportation facilities, sewage or solid waste facilities, recycling facilities, or air or water pollution control facilities. In order to be eligible to undertake these type projects, the development corporation must be located in a county bordering the Rio Grande that has a population of at least 500,000 and which has at least four cities with a population of at least 25,000 each.

 

The only county in the state to meet the criteria is Hidalgo County. According to the Comptroller of Public Accounts the fiscal impact to Hidalgo and cities within it cannot be determined.

 

The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect on September 1, 2005.

Local Government Impact

The fiscal impact to units of local government cannot be determined.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

JOB, SD, WK, WP, EB