Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB2245 by Campbell (Relating to the creation of the North Hays County Municipal Utility District No. 2; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced
No fiscal implication to the State is anticipated.
The bill would establish the North Hays County Municipal Utility District No. 2. The district would have authority for road projects. The district would have authority to issue bonds or other obligations, without an election. The district would have authority to impose an operation and maintenance tax and a contract tax. The district would not have the authority to exercise the power of eminent domain. 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.