Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1207 by Gooden (Relating to the powers and duties of the Kaufman County Fresh Water Supply District No. 1-A; providing authority to issue bonds and levy assessments. ), As Passed 2nd House
No fiscal implication to the State is anticipated.
The bill would amend the Special District Local Laws Code relating to the creation of the Kaufman Fresh Water Supply District No. 1-A. The district has authority for road projects. The district may impose an assessment on property in the district and may issue bonds and other obligations for road projects.
The bill would take effect immediately if it receives two thirds vote in each house; otherwise, the bill would take effect September 1, 2017.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.