Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB4324 by Schofield (Relating to the powers and duties of the Harris County Municipal Utility District No. 61; providing authority to issue bonds and impose fees and taxes.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Special District Local Laws Code establishing the Harris County Municipal Utility District No. 61. The district would have authority for road projects. The district would have authority to issue bonds and other obligations.
The bill would take effect immediately if the bill receives a 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.