LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 28, 2009 TO: Honorable Joe Straus, Speaker of the House, House of Representatives 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 certain roads.), As Passed 2nd House No fiscal implication to the State is anticipated. The bill would specify that Chapter 258, Transportation Code, applies only to a county that initiates or completes compliance with the provisions of the chapter before September 1, 2011, replacing the expiration date for the chapter. Under current statute, the chapter is set to expire on September 1, 2009. 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 under current statute, 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 to those counties to which the chapter would apply under provisions of the bill. Source Agencies: LBB Staff: JOB, SZ, KJG, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 28, 2009
TO: Honorable Joe Straus, Speaker of the House, House of Representatives 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 certain roads.), As Passed 2nd House
TO: Honorable Joe Straus, Speaker of the House, House of Representatives
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 certain roads.), As Passed 2nd House
Honorable Joe Straus, Speaker of the House, House of Representatives
Honorable Joe Straus, Speaker of the House, House of Representatives
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 certain roads.), As Passed 2nd House
HB2462 by Keffer (Relating to the authority of a county to clarify the existence of a public interest in certain roads.), As Passed 2nd House
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would specify that Chapter 258, Transportation Code, applies only to a county that initiates or completes compliance with the provisions of the chapter before September 1, 2011, replacing the expiration date for the chapter. Under current statute, the chapter is set to expire on September 1, 2009. 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 specify that Chapter 258, Transportation Code, applies only to a county that initiates or completes compliance with the provisions of the chapter before September 1, 2011, replacing the expiration date for the chapter.
Under current statute, the chapter is set to expire on September 1, 2009. 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 under current statute, 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 to those counties to which the chapter would apply under provisions of the bill.
If the chapter were to expire under current statute, 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 to those counties to which the chapter would apply under provisions of the bill.
Source Agencies:
LBB Staff: JOB, SZ, KJG, DB
JOB, SZ, KJG, DB