This brief overview of Senate Bill 1811-a fiscal matters bill expected to generate billions in “non-tax” revenue to help fund the state’s 2012-13 budget-offers a look at the bill and its adopted amendments.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...