LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 6, 2015 TO: Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB615 by Clardy (Relating to authorizing the sale of certain real property held by the Health and Human Services Commission to the City of Rusk.), As Introduced Depending upon sales price and transaction costs, there could be an indeterminate positive fiscal impact to the state. The bill would authorize the sale of certain real property held by the Texas Health Human Services Commission (HHSC) to the city of Rusk. The bill would direct the General Land Office to offer for sale the real property described in the bill to the city of Rusk on behalf of the HHSC. The bill would provide that net proceeds from the sale would be deposited to GR Account 0543-Texas Capital Trust. Depending upon sales price and transaction costs, there could be an indeterminate positive fiscal impact to the state.The bill would take effect immediately upon enactment, assuming that the bill received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, the bill would take effect September 1, 2015. Local Government Impact Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government. Source Agencies:304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 529 Health and Human Services Commission LBB Staff: UP, SZ, MW, TB, KVe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
March 6, 2015
TO: Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB615 by Clardy (Relating to authorizing the sale of certain real property held by the Health and Human Services Commission to the City of Rusk.), As Introduced
TO: Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB615 by Clardy (Relating to authorizing the sale of certain real property held by the Health and Human Services Commission to the City of Rusk.), 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
HB615 by Clardy (Relating to authorizing the sale of certain real property held by the Health and Human Services Commission to the City of Rusk.), As Introduced
HB615 by Clardy (Relating to authorizing the sale of certain real property held by the Health and Human Services Commission to the City of Rusk.), As Introduced
Depending upon sales price and transaction costs, there could be an indeterminate positive fiscal impact to the state.
Depending upon sales price and transaction costs, there could be an indeterminate positive fiscal impact to the state.
The bill would authorize the sale of certain real property held by the Texas Health Human Services Commission (HHSC) to the city of Rusk. The bill would direct the General Land Office to offer for sale the real property described in the bill to the city of Rusk on behalf of the HHSC. The bill would provide that net proceeds from the sale would be deposited to GR Account 0543-Texas Capital Trust. Depending upon sales price and transaction costs, there could be an indeterminate positive fiscal impact to the state.The bill would take effect immediately upon enactment, assuming that the bill received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, the bill would take effect September 1, 2015.
Local Government Impact
Because the bill would not have statewide impact on units of local government of the same type or class, no comment from this office is required by the rules of the House/Senate as to its probable fiscal implication on units of local government.
Source Agencies: 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 529 Health and Human Services Commission
304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 529 Health and Human Services Commission
LBB Staff: UP, SZ, MW, TB, KVe
UP, SZ, MW, TB, KVe