Supplement: TX HB5405 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB5405 please see the Bill Drafting List
Bill Title: Relating to the conversion of the Legacy Water Control and Improvement District to the Legacy Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-06-13 - Effective immediately [HB5405 Detail]
Download: Texas-2023-HB5405-Fiscal_Note_Introduced_.html
Bill Title: Relating to the conversion of the Legacy Water Control and Improvement District to the Legacy Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Status: 2023-06-13 - Effective immediately [HB5405 Detail]
Download: Texas-2023-HB5405-Fiscal_Note_Introduced_.html
TO: |
Honorable Tracy O. King, Chair, House Committee on Natural Resources |
FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
IN RE: |
HB5405 by Raymond (Relating to the conversion of the Legacy Water Control and Improvement District to the Legacy Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, or 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 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: b > td > |
LBB Staff: b > td > | JMc, KDw, BC, DPE |