TO: | Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HJR63 by Pickett (Proposing a constitutional amendment authorizing the legislature to permit a county to issue bonds or notes to finance the development or redevelopment of an unproductive, underdeveloped, or blighted area and to pledge for repayment of the bonds or notes increases in ad valorem taxes imposed by the county on property in the area.), As Introduced |
The cost to the state for publication of the resolution is $105,495.
According to the Texas Association of Counties (TAC), the fiscal impact to counties is not anticipated to be significant.
There would be a fiscal impact to local governments associated with an election; however, those costs would vary by locality and are not anticipated to be significant.
Based on costs reported to the Secretary of State (SOS) in 2010 by a sampling of counties, municipalities, and special districts, the average cost incurred by a local governmental entity for an election is $1.98 per registered voter.
Source Agencies: |
LBB Staff: | JOB, KK, TP
|