TO: | Honorable Garnet Coleman, Chair, House Committee on County Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB4508 by Coleman (Relating to creation and duties of a county economic development district.), As Introduced |
The fiscal impact would vary by county and would depend on projects chosen by a county that creates a district. At a minimum, a county would incur costs for conducting an election to seek voter approval for the creation of a district. It is assumed that a county would create a district if sufficient resources were available related to the election and other creations procedures and operations and that the anticipated benefits would offset costs.
Source Agencies: |
LBB Staff: | JOB, DB
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