LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 15, 2011 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB873 by Duncan (Relating to rate and damage schedules governing certain easements or other interests in land of The University of Texas System.), As Introduced No fiscal implication to the State is anticipated. Under provisions of the bill, the Board of Regents of the University of Texas System would establish procedures by which a person seeking an easement or other interest under Section 66.46 of the Education Code may seek relief from a rate or damage schedule that the person believes does not represent the fair market value of the interest being sought. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, KK, GO LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 15, 2011 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB873 by Duncan (Relating to rate and damage schedules governing certain easements or other interests in land of The University of Texas System.), As Introduced TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE: SB873 by Duncan (Relating to rate and damage schedules governing certain easements or other interests in land of The University of Texas System.), As Introduced Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board SB873 by Duncan (Relating to rate and damage schedules governing certain easements or other interests in land of The University of Texas System.), As Introduced SB873 by Duncan (Relating to rate and damage schedules governing certain easements or other interests in land of The University of Texas System.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Under provisions of the bill, the Board of Regents of the University of Texas System would establish procedures by which a person seeking an easement or other interest under Section 66.46 of the Education Code may seek relief from a rate or damage schedule that the person believes does not represent the fair market value of the interest being sought. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, KK, GO JOB, KK, GO