Supplement: TX HB5336 | 2023-2024 | 88th Legislature | Fiscal Note (Enrolled)
For additional supplements on Texas HB5336 please see the Bill Drafting List
Bill Title: Relating to the powers and duties of Port Freeport; limiting the authority of certain municipalities to regulate land use by Port Freeport; and the creation of a reinvestment zone containing property owned by Port Freeport.
Status: 2023-06-13 - Effective immediately [HB5336 Detail]
Download: Texas-2023-HB5336-Fiscal_Note_Enrolled_.html
Bill Title: Relating to the powers and duties of Port Freeport; limiting the authority of certain municipalities to regulate land use by Port Freeport; and the creation of a reinvestment zone containing property owned by Port Freeport.
Status: 2023-06-13 - Effective immediately [HB5336 Detail]
Download: Texas-2023-HB5336-Fiscal_Note_Enrolled_.html
TO: |
Honorable Dade Phelan, Speaker of the House, House of Representatives |
FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
IN RE: |
HB5336 by Vasut (Relating to the powers and duties of Port Freeport; limiting the authority of certain municipalities to regulate land use by Port Freeport; and the creation of a reinvestment zone containing property owned by Port Freeport.), As Passed 2nd House |
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 units of local government cannot be determined due to the circumstances relating to the district's exercise of eminent domain power, as well as the possible extent of local tax abatements, being unknown.
Source Agencies: b > td > |
LBB Staff: b > td > | JMc, SD, AAL, DPE, BC |