LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 30, 2009 TO:Honorable David Dewhurst, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3632 by Geren (Relating to the authority of the state to acquire, sell, or exchange certain land.), Conference Committee Report Estimated Two-year Net Impact to General Revenue Related Funds for HB3632, Conference Committee Report: a negative impact of ($200,000) through the biennium ending August 31, 2011. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 30, 2009
TO:Honorable David Dewhurst, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3632 by Geren (Relating to the authority of the state to acquire, sell, or exchange certain land.), Conference Committee Report
TO: Honorable David Dewhurst, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3632 by Geren (Relating to the authority of the state to acquire, sell, or exchange certain land.), Conference Committee Report
Honorable David Dewhurst, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives
Honorable David Dewhurst, Lieutenant Governor, Senate 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
HB3632 by Geren (Relating to the authority of the state to acquire, sell, or exchange certain land.), Conference Committee Report
HB3632 by Geren (Relating to the authority of the state to acquire, sell, or exchange certain land.), Conference Committee Report
Estimated Two-year Net Impact to General Revenue Related Funds for HB3632, Conference Committee Report: a negative impact of ($200,000) through the biennium ending August 31, 2011. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
Estimated Two-year Net Impact to General Revenue Related Funds for HB3632, Conference Committee Report: a negative impact of ($200,000) through the biennium ending August 31, 2011.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five-Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds 2010 ($200,000) 2011 $0 2012 $0 2013 $0 2014 $0
2010 ($200,000)
2011 $0
2012 $0
2013 $0
2014 $0
All Funds, Five-Year Impact: Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund1 Probable Savings/(Cost) fromNew Other--Farm and Ranch Land Conservation Fund Probable Revenue Gain/(Loss) fromNew Other--Farm and Ranch Land Conservation Fund 2010 ($200,000) ($100,000) $100,000 2011 $0 ($100,000) $100,000 2012 $0 ($100,000) $100,000 2013 $0 ($100,000) $100,000 2014 $0 ($100,000) $100,000
Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund1 Probable Savings/(Cost) fromNew Other--Farm and Ranch Land Conservation Fund Probable Revenue Gain/(Loss) fromNew Other--Farm and Ranch Land Conservation Fund 2010 ($200,000) ($100,000) $100,000 2011 $0 ($100,000) $100,000 2012 $0 ($100,000) $100,000 2013 $0 ($100,000) $100,000 2014 $0 ($100,000) $100,000
2010 ($200,000) ($100,000) $100,000
2011 $0 ($100,000) $100,000
2012 $0 ($100,000) $100,000
2013 $0 ($100,000) $100,000
2014 $0 ($100,000) $100,000
Fiscal Analysis
The bill would authorize Land Commissioner to accept grants, gifts, devises, or bequests, either absolutely or in trust, of money or real or personal property on behalf of the state. The bill also would authorize the Land Commissioner to sell any title or interest acquired by the state in accordance with Natural Resources Code, Section 31.158. Proceeds of the sale would be deposited in the Texas Farm and Ranch Lands Conservation Fund established under Natural Resources Code, Chapter 183.
The bill would authorize Land Commissioner to accept grants, gifts, devises, or bequests, either absolutely or in trust, of money or real or personal property on behalf of the state. The bill also would authorize the Land Commissioner to sell any title or interest acquired by the state in accordance with Natural Resources Code, Section 31.158. Proceeds of the sale would be deposited in the Texas Farm and Ranch Lands Conservation Fund established under Natural Resources Code, Chapter 183.
Methodology
This estimate assumes that the General Land Office (GLO) would likely receive revenue into the Texas Farm and Ranch Land Conservation (FRLC) Fund due to the sale and disposition of property. This estimate assumes that in the first year after enactment, no revenues would accrue to the FRLC Fund. Instead, the General Land Office would require $200,000 in General Revenue to establish the program, including funds to prepare for acquisitions and depositions. Beginning in fiscal year 2011, this estimate assumes that $100,000 in revenues would accrue to the FRLC and that the agency would receive appropriations from this account in a like amount to continue to acquire and dispose of FRLC lands. The actual amount of revenues and expenditures from the FRLC in 2011-2015 could be significantly higher or lower than the amounts shown in this estimate and would depend on the number of grants, gifts, devises, or bequests given to the state under the FRLC program and the value of such lands.
This estimate assumes that the General Land Office (GLO) would likely receive revenue into the Texas Farm and Ranch Land Conservation (FRLC) Fund due to the sale and disposition of property. This estimate assumes that in the first year after enactment, no revenues would accrue to the FRLC Fund. Instead, the General Land Office would require $200,000 in General Revenue to establish the program, including funds to prepare for acquisitions and depositions. Beginning in fiscal year 2011, this estimate assumes that $100,000 in revenues would accrue to the FRLC and that the agency would receive appropriations from this account in a like amount to continue to acquire and dispose of FRLC lands.
The actual amount of revenues and expenditures from the FRLC in 2011-2015 could be significantly higher or lower than the amounts shown in this estimate and would depend on the number of grants, gifts, devises, or bequests given to the state under the FRLC program and the value of such lands.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 305 General Land Office and Veterans' Land Board
305 General Land Office and Veterans' Land Board
LBB Staff: JOB, SD, CL, SZ, ZS, TL, TP
JOB, SD, CL, SZ, ZS, TL, TP