Supplement: TX HB2934 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB2934 please see the Bill Drafting List
Bill Title: Relating to a study by the Texas Department of Transportation on the use of municipal impact fees for roadway facilities.
Status: 2023-05-11 - Placed on General State Calendar [HB2934 Detail]
Download: Texas-2023-HB2934-Fiscal_Note_Introduced_.html
Bill Title: Relating to a study by the Texas Department of Transportation on the use of municipal impact fees for roadway facilities.
Status: 2023-05-11 - Placed on General State Calendar [HB2934 Detail]
Download: Texas-2023-HB2934-Fiscal_Note_Introduced_.html
TO: |
Honorable Terry Canales, Chair, House Committee on Transportation |
FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
IN RE: |
HB2934 by Romero, Jr. (Relating to a study by the Texas Department of Transportation on the use of municipal impact fees for roadway facilities.), As Introduced |
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 395 of the Local Government Code to require the Texas Department of Transportation (TxDOT) to conduct a study to determine the feasibility of using municipal impact fees to pay for roadway facilities that are necessary due to municipal development. The bill would require TxDOT to provide the results of the study to the Legislature not later than September 1, 2024. The provisions of the bill would expire on September 1, 2025.
Based on the information provided by TxDOT, it is assumed any costs or duties associated with implementing the provisions of the bill could be absorbed within the agency's existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > | 304 Comptroller of Public Accounts, 601 Department of Transportation |
LBB Staff: b > td > | JMc, AAL, TG |