Supplement: TX HB5340 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB5340 please see the Bill Drafting List
Bill Title: Relating to the creation of the North Grayson County Municipal Utility District No. 1; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-06-18 - Effective on 9/1/23 [HB5340 Detail]
Download: Texas-2023-HB5340-Fiscal_Note_Introduced_.html
Bill Title: Relating to the creation of the North Grayson County Municipal Utility District No. 1; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-06-18 - Effective on 9/1/23 [HB5340 Detail]
Download: Texas-2023-HB5340-Fiscal_Note_Introduced_.html
| TO: |
Honorable DeWayne Burns, Chair, House Committee on Land & Resource Management |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB5340 by Smith (Relating to the creation of the North Grayson County Municipal Utility District No. 1; 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, BC, DPE |
