LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 12, 2015 TO: Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3620 by Isaac (Relating to the acquisition of real property by a municipality.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to prohibit an authorized municipality from acquiring real property located outside the corporate boundaries and extraterritorial jurisdiction unless the municipality obtains certain written consents, waives its right to exempt the property from ad valorem taxes, and agrees to make a certain payment. Local Government Impact The Texas Municipal League reported no significant impact to cities is anticipated. Source Agencies: LBB Staff: UP, SZ, SD, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 12, 2015
TO: Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3620 by Isaac (Relating to the acquisition of real property by a municipality.), As Introduced
TO: Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3620 by Isaac (Relating to the acquisition of real property by a municipality.), As Introduced
Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management
Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3620 by Isaac (Relating to the acquisition of real property by a municipality.), As Introduced
HB3620 by Isaac (Relating to the acquisition of real property by a municipality.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to prohibit an authorized municipality from acquiring real property located outside the corporate boundaries and extraterritorial jurisdiction unless the municipality obtains certain written consents, waives its right to exempt the property from ad valorem taxes, and agrees to make a certain payment.
Local Government Impact
The Texas Municipal League reported no significant impact to cities is anticipated.
Source Agencies:
LBB Staff: UP, SZ, SD, EK
UP, SZ, SD, EK