Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB898 by Shapleigh (Relating to the purposes and designation of a municipal transportation reinvestment zone.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to authorize a municipality to include the acquisition, construction, improvement, or operation of a freight or passenger rail facility or system by the municipality as a purpose for designating a geographic area as a transportation reinvestment zone.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.