TO: | Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | SB861 by Ellis (Relating to the level of municipal participation in contracts with developers for public improvements.), Committee Report 1st House, As Amended |
The bill would authorize that for a municipality with a population of 1.8 million or more, a contract with developers for public improvements may allow participation of the municipality at a level not to exceed 70 percent of the total contract price. In addition, a municipality with a population of 1.8 million or more may participate at a level not to exceed 100 percent of the total contract price for all required drainage improvements related to the development and construction of affordable housing.
Under current statute, the maximum limit on the level at which any municipality may participate in such a contract is 30 percent of the total contract price. Existing statutory requirements would still apply to municipalities with a population of less than 1.8 million. According to the 2000 federal census, only the City of Houston has a population of more than 1.8 million; therefore, the bill would apply only to Houston.
Source Agencies: |
LBB Staff: | JOB, DLBa
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