| TO: | Honorable Mike Jackson, Chair, Senate Committee on Economic Development |
| FROM: | John S O'Brien, Director, Legislative Budget Board |
| IN RE: | HB1560 by Scott (Relating to the authority of counties to nominate projects in the extraterritorial jurisdictions of certain municipalities for designation as enterprise projects.), As Engrossed |
The bill would amend the Section 2303.004 of the Government Code to authorize the governing body of a county to nominate an enterprise project or activity of a qualified business that is located in the county and in the extraterritorial jurisdiction of a municipality primarily located in another county. The county would be authorized to use the maximum number of designations permitted under Section 2303.406(d) within the territory during any biennium.
Although the provisions of the bill could increase the number of enterprise project designations that could be made within the extraterritorial jurisdictions of certain municipalities, the total number of designations that could be made among municipalities and counties combined would not be increased. Therefore no significant revenue implications are anticipated.
The fiscal impact would vary depending on whether a county chose to use the maximum number of designations, but it is not anticipated to be significant.
According to the Texas Association of Counties (TAC), the provisions of the bill would apply only to a limited number of counties and is not anticipated to have a significant fiscal impact on those applicable counties.
| Source Agencies: | 300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts
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| LBB Staff: | JOB, AG, TP
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