Honorable Jim Murphy, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB1716 by Flynn (Relating to certain public facilities financed, owned, and operated by a public facility corporation.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to authorize certain sponsors to finance, own, and operate certain multifamily residential developments.
According to the Department of Housing and Community Affairs, no fiscal implication to the State is anticipated.
Local Government Impact
According to the Department of Housing and Community Affairs, no fiscal implication to units of local government is anticipated.