Supplement: TX HB5392 | 2023-2024 | 88th Legislature | Fiscal Note (Engrossed)
For additional supplements on Texas HB5392 please see the Bill Drafting List
Bill Title: Relating to the creation of the Highland Park Municipal Utility District of Grayson County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-06-12 - Effective on 9/1/23 [HB5392 Detail]
Download: Texas-2023-HB5392-Fiscal_Note_Engrossed_.html
Bill Title: Relating to the creation of the Highland Park Municipal Utility District of Grayson County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-06-12 - Effective on 9/1/23 [HB5392 Detail]
Download: Texas-2023-HB5392-Fiscal_Note_Engrossed_.html
| TO: |
Honorable Paul Bettencourt, Chair, Senate Committee on Local Government |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB5392 by Smith (Relating to the creation of the Highland Park Municipal Utility District of Grayson County; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Engrossed |
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 |
