LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 12, 2019

TO:	Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	SB2072 by Taylor (Relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain improvements.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Acts of the 61st Legislature, 1969, to authorize certain development corporations to finance qualified improvements in the same manner as a municipality or county may and without approval of another entity other than the authority.

Local Government Impact

The fiscal implications of the bill cannot be determined at this time.

Source Agencies:

LBB Staff:

WP, AF, GP