LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
 
April 5, 2009

TO:
Honorable Mark Homer, Chair, House Committee on Culture, Recreation & Tourism
 
FROM:
John S. O'Brien, Director, Legislative Budget Board
 
IN RE:
HB1258 by Ortiz, Jr. (Relating to the cities or counties that may create a cultural education facilities finance corporation.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend Vernon's Texas Civil Statutes to change the applicability of where a cultural education facilities finance corporation may exercise its authority. The proposed change in applicability would allow a corporation created by a city located in Fort Bend, Cameron, and Nueces counties or a corporation created by those counties to exercise its authority inside or outside the city or county limits, respectively.

Local Government Impact

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


Source Agencies:
LBB Staff:
JOB, DB, SD