Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1100 by Taylor, Larry (Relating to the creation of the Brazoria County Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Special District Local Laws Code establishing the Brazoria County Management District No. 1. The district would have authority for road projects. The district may annex land. The district would have authority to impose an assessment on property. The district would have authority to impose an operation and maintenance tax. The district would have authority to impose a sales and use tax rate. The district would have authority to impose a hotel occupancy tax.
The impact of the sales and use tax and hotel occupancy tax cannot be determined but is not expected to be significant.
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.