Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB2198 by Clardy (Relating to the use of a perpetual trust fund for a cemetery by certain municipalities.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Health and Safety Code to authorize certain municipalities to abolish a perpetual trust fund for a cemetery and use the fund, including both principal and interest, for permanent improvements to the cemetery.
Local Government Impact
According to the Texas Municipal League, the bill would have no fiscal impact on cities.