LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 27, 2009 TO: Honorable Dennis Bonnen, Chair, House Committee on Land & Resource Management FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2324 by Howard, Charlie (Relating to authorizing the Texas Board of Criminal Justice to sell certain real property for municipal airport expansion. ), Committee Report 1st House, Substituted The amount of gain to the Texas Capital Trust Fund is unknown and would depend upon the amount of proceeds received from the sale of approximately 85 acres of land adjacent and east of the Sugarland Regional Airport. The bill would require the Texas Board of Criminal Justice to authorize the sale of approximately 85 acres of land adjacent and east of the Sugarland Regional Airport to the city of Sugarland. The land is primarily utilized as employee housing for TDCJ. Proceeds of the sale, net of any remediation costs, would be deposited in the Texas Capital Trust Fund and not specifically appropriated to the Department of Criminal Justice. TDCJ would have costs associated with the loss of employee housing (five single family homes and 36 duplex housing units). Local Government Impact The cost to a municipality would depend on the fair market value of the land the municipality would seek to purchase. It is assumed that the municipality would seek to make the purchase only if sufficient resources would be available and the purchase would benefit the municipality. Source Agencies:696 Department of Criminal Justice LBB Staff: JOB, WK, GG, SDO, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 27, 2009
TO: Honorable Dennis Bonnen, Chair, House Committee on Land & Resource Management FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2324 by Howard, Charlie (Relating to authorizing the Texas Board of Criminal Justice to sell certain real property for municipal airport expansion. ), Committee Report 1st House, Substituted
TO: Honorable Dennis Bonnen, Chair, House Committee on Land & Resource Management
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2324 by Howard, Charlie (Relating to authorizing the Texas Board of Criminal Justice to sell certain real property for municipal airport expansion. ), Committee Report 1st House, Substituted
Honorable Dennis Bonnen, Chair, House Committee on Land & Resource Management
Honorable Dennis Bonnen, Chair, House Committee on Land & Resource Management
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2324 by Howard, Charlie (Relating to authorizing the Texas Board of Criminal Justice to sell certain real property for municipal airport expansion. ), Committee Report 1st House, Substituted
HB2324 by Howard, Charlie (Relating to authorizing the Texas Board of Criminal Justice to sell certain real property for municipal airport expansion. ), Committee Report 1st House, Substituted
The amount of gain to the Texas Capital Trust Fund is unknown and would depend upon the amount of proceeds received from the sale of approximately 85 acres of land adjacent and east of the Sugarland Regional Airport.
The amount of gain to the Texas Capital Trust Fund is unknown and would depend upon the amount of proceeds received from the sale of approximately 85 acres of land adjacent and east of the Sugarland Regional Airport.
The amount of gain to the Texas Capital Trust Fund is unknown and would depend upon the amount of proceeds received from the sale of approximately 85 acres of land adjacent and east of the Sugarland Regional Airport.
The bill would require the Texas Board of Criminal Justice to authorize the sale of approximately 85 acres of land adjacent and east of the Sugarland Regional Airport to the city of Sugarland. The land is primarily utilized as employee housing for TDCJ. Proceeds of the sale, net of any remediation costs, would be deposited in the Texas Capital Trust Fund and not specifically appropriated to the Department of Criminal Justice. TDCJ would have costs associated with the loss of employee housing (five single family homes and 36 duplex housing units).
Local Government Impact
The cost to a municipality would depend on the fair market value of the land the municipality would seek to purchase. It is assumed that the municipality would seek to make the purchase only if sufficient resources would be available and the purchase would benefit the municipality.
Source Agencies: 696 Department of Criminal Justice
696 Department of Criminal Justice
LBB Staff: JOB, WK, GG, SDO, TP
JOB, WK, GG, SDO, TP