Honorable Joseph Pickett, Chair, House Committee on Transportation
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB4025 by Keffer (Relating to county energy transportation reinvestment zones.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to permit a county with a county energy transportation reinvestment zone (CERTZ) to use money in the tax increment account to provide funding for transportation infrastructure projects throughout the county. The bill would permit a commissioners court to enter into an agreement with the Texas Department of Transportation (TXDoT) to designate a CERTZ involving a state highway located in the county. The bill would permit a county to create an advisory board to advise the county on the CERTZ.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 601 Department of Transportation