LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 16, 2015 TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1147 by Watson (Relating to leases and other agreements relating to real property entered into by certain hospital districts.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend the Health and Safety Code permit the board of hospital managers of certain hospital districts to enter into a lease, purchase agreements and other agreements to provide for the development, improvement, acquisition or management of developed or undeveloped real property designated to generate revenue for the financial benefit of the district. The bill would permit the board of hospital managers, with the approval of the commissioners court, to lease undeveloped or vacant real property for up to 99 years to provide for the development and construction of facilities designed to generate revenue for the financial benefit of the district. The bill would permit a board of hospital managers, through a nonprofit corporation, to contract or enter into a joint venture with a public or private entity to enter into a lease. Local Government Impact It is assumed that a hospital district would only choose to enter into agreements or lease land if sufficient funding were available or it would not result in a negative fiscal impact; therefore, no significant fiscal impact is anticipated. Source Agencies: LBB Staff: UP, KVe, SD, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 16, 2015
TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1147 by Watson (Relating to leases and other agreements relating to real property entered into by certain hospital districts.), Committee Report 1st House, Substituted
TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1147 by Watson (Relating to leases and other agreements relating to real property entered into by certain hospital districts.), Committee Report 1st House, Substituted
Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1147 by Watson (Relating to leases and other agreements relating to real property entered into by certain hospital districts.), Committee Report 1st House, Substituted
SB1147 by Watson (Relating to leases and other agreements relating to real property entered into by certain hospital districts.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Health and Safety Code permit the board of hospital managers of certain hospital districts to enter into a lease, purchase agreements and other agreements to provide for the development, improvement, acquisition or management of developed or undeveloped real property designated to generate revenue for the financial benefit of the district. The bill would permit the board of hospital managers, with the approval of the commissioners court, to lease undeveloped or vacant real property for up to 99 years to provide for the development and construction of facilities designed to generate revenue for the financial benefit of the district. The bill would permit a board of hospital managers, through a nonprofit corporation, to contract or enter into a joint venture with a public or private entity to enter into a lease.
Local Government Impact
It is assumed that a hospital district would only choose to enter into agreements or lease land if sufficient funding were available or it would not result in a negative fiscal impact; therefore, no significant fiscal impact is anticipated.
Source Agencies:
LBB Staff: UP, KVe, SD, EK
UP, KVe, SD, EK