Supplement: TX SB2609 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas SB2609 please see the Bill Drafting List
Bill Title: Relating to the creation of the Fannin Farms Municipal Utility District of Fannin County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-05-30 - Recommendations filed with the Senate [SB2609 Detail]
Download: Texas-2023-SB2609-Fiscal_Note_Introduced_.html
Bill Title: Relating to the creation of the Fannin Farms Municipal Utility District of Fannin County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-05-30 - Recommendations filed with the Senate [SB2609 Detail]
Download: Texas-2023-SB2609-Fiscal_Note_Introduced_.html
| TO: |
Honorable Paul Bettencourt, Chair, Senate Committee on Local Government |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
SB2609 by Hughes (Relating to the creation of the Fannin Farms Municipal Utility District of Fannin County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced |
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
The fiscal implications of the bill to the district cannot be determined due to the circumstances relating to the district's exercise of eminent domain power, issuance of bonds, or imposition of assessments, fees, and taxes being unknown. No fiscal implication to other units of local government is anticipated.
| Source Agencies: |
| LBB Staff: | JMc, AF, NTh |
