Honorable Angie Chen Button, Chair, House Committee on Urban Affairs
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB4470 by Davis, Yvonne (Relating to community development by municipal management districts in certain counties.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to authorize certain municipal management districts to develop and administer an economic development program and to contract with a municipality to provide funds to the program through certain means.
Local Government Impact
The fiscal implications of the bill to units of local government who would be affected by its provisions cannot be determined at this time.