Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2565 by Stucky (Relating to the powers and duties of the Big Sky Municipal Utility District of Denton County; providing authority to issue bonds and impose fees and taxes.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Special District Local Laws Code establishing the Big Sky Municipal Utility District of Denton County. The district would have authority for road projects. The district would have authority to adopt and enforce necessary fees and charges. The district would have authority to issue bonds.
The bill would take effect immediately if the bill receives a two-third 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.