LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
April 25, 2005

TO:
Honorable Anna Mowery, Chair, House Committee on Land & Resource Management
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB3461 by Baxter (Relating to the manner in which a municipality may impose a moratorium on certain property development. ), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would amend Subsection 212, Local Government Code, to include in procedures for imposing a moratorium on property development the imposition of those procedures on a moratorium on commercial property development. Under current statute, those procedures apply only to a moratorium on residential property development.

Provisions of the bill would establish procedures a municipality must follow to justify a moratorium on development and for extending a moratorium. Certain limitations would also apply to a municipality regarding imposing or extending a moratorium on property development. 

The bill would take effect September 1, 2005 and would apply only to a moratorium adopted after that date.


Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
LBB Staff:
JOB, WK, DLBa