LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4304 by Hilderbran (Relating to the granting or renewal of certain easements on or leases of certain university land.), As Introduced Estimated Two-year Net Impact to General Revenue Related Funds for HB4304, As Introduced: an impact of $0 through the biennium ending August 31, 2011.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 31, 2009
TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4304 by Hilderbran (Relating to the granting or renewal of certain easements on or leases of certain university land.), As Introduced
TO: Honorable Dan Branch, Chair, House Committee on Higher Education
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB4304 by Hilderbran (Relating to the granting or renewal of certain easements on or leases of certain university land.), As Introduced
Honorable Dan Branch, Chair, House Committee on Higher Education
Honorable Dan Branch, Chair, House Committee on Higher Education
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB4304 by Hilderbran (Relating to the granting or renewal of certain easements on or leases of certain university land.), As Introduced
HB4304 by Hilderbran (Relating to the granting or renewal of certain easements on or leases of certain university land.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for HB4304, As Introduced: an impact of $0 through the biennium ending August 31, 2011.
Estimated Two-year Net Impact to General Revenue Related Funds for HB4304, As Introduced: an impact of $0 through the biennium ending August 31, 2011.
General Revenue-Related Funds, Five-Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds 2010 $0 2011 $0 2012 $0 2013 $0 2014 $0
2010 $0
2011 $0
2012 $0
2013 $0
2014 $0
All Funds, Five-Year Impact: Fiscal Year Probable Revenue (Loss) fromAvailable University Fund11 2010 ($860,000) 2011 ($860,000) 2012 ($860,000) 2013 ($860,000) 2014 ($860,000)
Fiscal Year Probable Revenue (Loss) fromAvailable University Fund11 2010 ($860,000) 2011 ($860,000) 2012 ($860,000) 2013 ($860,000) 2014 ($860,000)
2010 ($860,000)
2011 ($860,000)
2012 ($860,000)
2013 ($860,000)
2014 ($860,000)
Fiscal Analysis
This bill would cap the privilege fee charged for easements on (or lease of) PUF-owned lands for new or existing electric and/or telephone facilities.
Methodology
The University of Texas System estimates that capping the privilege fee at 2.5 cents per lineal rod would result in a net surface income revenue loss of approximately $860,000 per year. Since net surface income earned on University Lands is part of the total annual Available University Fund ("AUF") allocation, reductions in this net surface income would result in an equivalent reduction of AUF funds.
The University of Texas System estimates that capping the privilege fee at 2.5 cents per lineal rod would result in a net surface income revenue loss of approximately $860,000 per year. Since net surface income earned on University Lands is part of the total annual Available University Fund ("AUF") allocation, reductions in this net surface income would result in an equivalent reduction of AUF funds.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 305 General Land Office and Veterans' Land Board, 720 The University of Texas System Administration
305 General Land Office and Veterans' Land Board, 720 The University of Texas System Administration
LBB Staff: JOB, KK, RT, JAW
JOB, KK, RT, JAW