Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
SB1367 by Buckingham (Relating to use of project funds of municipal development districts.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code expand the allowable use of project funds of municipal development districts to include projects outside these districts under certain circumstances.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.