LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
April 4, 2005

TO:
Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
SB1406 by Armbrister (Relating to the manner in which a municipality may impose a moratorium on commercial property development.), As Introduced

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. 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, DLBa