Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB3435 by Hamilton (Relating to exempting certain utility property from impact fees and assessments in certain water districts.), Committee Report 2nd House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend the Water Code to prohibit, with exceptions, certain water districts from imposing an impact fee, standby fee, or assessment on the property, equipment, rights-of-way, easements, facilities, or improvements of various utilities identified in the bill.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.