LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

May 17, 2005

TO:	Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB3461 by Baxter (Relating to the manner in which a municipality may impose a moratorium on certain property development.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would amend Subsection 212, Local Government Code, to include in procedures for imposing a moratorium on property development the imposition of those procedures on a moratorium on commercial property development. Under current statute, those procedures apply only to a moratorium on residential property development.

Provisions of the bill would establish procedures a municipality must follow to justify a moratorium on development and for extending a moratorium. Certain limitations would also apply to a municipality regarding imposing or extending a moratorium on property development. 

The bill would take effect September 1, 2005 and would apply only to a moratorium adopted after that date.

Local Government Impact

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

Source Agencies:

LBB Staff:

JOB, WK, DLBa