LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 1, 2009 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SJR42 by Duncan (Proposing a constitutional amendment to prohibit the taking of property for certain economic development purposes.), As Introduced No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882. The resolution would propose a constitutional amendment to Article I of the Texas Constitution to specify that the term "public use" does not include the acquisition of a private property interest for the primary purpose of economic development when the acquired property interest is transferred to the benefit of a private person or entity. This proposed constitutional amendment would be submitted to the voters at an election to be held November 3, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General LBB Staff: JOB, KJG, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 1, 2009
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SJR42 by Duncan (Proposing a constitutional amendment to prohibit the taking of property for certain economic development purposes.), As Introduced
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SJR42 by Duncan (Proposing a constitutional amendment to prohibit the taking of property for certain economic development purposes.), As Introduced
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SJR42 by Duncan (Proposing a constitutional amendment to prohibit the taking of property for certain economic development purposes.), As Introduced
SJR42 by Duncan (Proposing a constitutional amendment to prohibit the taking of property for certain economic development purposes.), As Introduced
No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882.
No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882.
No significant fiscal implication to the State is anticipated, other than the cost of publication.
The cost to the state for publication of the resolution is $90,882.
The resolution would propose a constitutional amendment to Article I of the Texas Constitution to specify that the term "public use" does not include the acquisition of a private property interest for the primary purpose of economic development when the acquired property interest is transferred to the benefit of a private person or entity. This proposed constitutional amendment would be submitted to the voters at an election to be held November 3, 2009.
The resolution would propose a constitutional amendment to Article I of the Texas Constitution to specify that the term "public use" does not include the acquisition of a private property interest for the primary purpose of economic development when the acquired property interest is transferred to the benefit of a private person or entity.
This proposed constitutional amendment would be submitted to the voters at an election to be held November 3, 2009.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General
302 Office of the Attorney General
LBB Staff: JOB, KJG, JM
JOB, KJG, JM