LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 9, 2009 TO: Honorable Joseph Pickett, Chair, House Committee on Transportation FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2462 by Keffer (Relating to the authority of a county to clarify the existence of a public interest in a certain roads.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would repeal the expiration date of Chapter 258, Transportation Code. The chapter is set to expire on September 1, 2009, under current statute. Chapter 258 authorizes a county to clarify the existence of a public interest in a road and establishes the procedures for doing so. Among the provisions of Chapter 258 is exemption from ad valorem taxation by any taxing authority of a private right, title, or interest, other than a mineral interest, held by a person in land underlying a road in which a county has successfully asserted the existence of a public interest. Local Government Impact If the chapter were to expire, the ad valorem tax exemption would end, which could have a fiscal impact for any affected taxing authorities, which would vary by county and would depend on the amount of property affected. If the chapter is continued, there would be no fiscal impact. Source Agencies: LBB Staff: JOB, KJG, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 9, 2009
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2462 by Keffer (Relating to the authority of a county to clarify the existence of a public interest in a certain roads.), Committee Report 1st House, Substituted
TO: Honorable Joseph Pickett, Chair, House Committee on Transportation
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2462 by Keffer (Relating to the authority of a county to clarify the existence of a public interest in a certain roads.), Committee Report 1st House, Substituted
Honorable Joseph Pickett, Chair, House Committee on Transportation
Honorable Joseph Pickett, Chair, House Committee on Transportation
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2462 by Keffer (Relating to the authority of a county to clarify the existence of a public interest in a certain roads.), Committee Report 1st House, Substituted
HB2462 by Keffer (Relating to the authority of a county to clarify the existence of a public interest in a certain roads.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would repeal the expiration date of Chapter 258, Transportation Code. The chapter is set to expire on September 1, 2009, under current statute. Chapter 258 authorizes a county to clarify the existence of a public interest in a road and establishes the procedures for doing so. Among the provisions of Chapter 258 is exemption from ad valorem taxation by any taxing authority of a private right, title, or interest, other than a mineral interest, held by a person in land underlying a road in which a county has successfully asserted the existence of a public interest.
The bill would repeal the expiration date of Chapter 258, Transportation Code. The chapter is set to expire on September 1, 2009, under current statute. Chapter 258 authorizes a county to clarify the existence of a public interest in a road and establishes the procedures for doing so. Among the provisions of Chapter 258 is exemption from ad valorem taxation by any taxing authority of a private right, title, or interest, other than a mineral interest, held by a person in land underlying a road in which a county has successfully asserted the existence of a public interest.
Local Government Impact
If the chapter were to expire, the ad valorem tax exemption would end, which could have a fiscal impact for any affected taxing authorities, which would vary by county and would depend on the amount of property affected. If the chapter is continued, there would be no fiscal impact.
If the chapter were to expire, the ad valorem tax exemption would end, which could have a fiscal impact for any affected taxing authorities, which would vary by county and would depend on the amount of property affected. If the chapter is continued, there would be no fiscal impact.
Source Agencies:
LBB Staff: JOB, KJG, DB
JOB, KJG, DB