LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 3, 2017 TO: Honorable Lyle Larson, Chair, House Committee on Natural Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2610 by Guillen (Relating to the term for a lease of land owned by certain navigation districts.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Water Code relating to the leasing of land owned by certain navigation districts. The district may lease or extend the lease of the surface of the land not to exceed 99 years if: 1) the lease conveys an interest in the surface of the land for residential purposes only; 2) at the time the lease will be entered into or extended the district has not less than 50 leases in effect; and 3) any part of the land owned by the district is subdivided into lots intended for residential use. The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, SZ, GG, BM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 3, 2017
TO: Honorable Lyle Larson, Chair, House Committee on Natural Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2610 by Guillen (Relating to the term for a lease of land owned by certain navigation districts.), As Introduced
TO: Honorable Lyle Larson, Chair, House Committee on Natural Resources
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2610 by Guillen (Relating to the term for a lease of land owned by certain navigation districts.), As Introduced
Honorable Lyle Larson, Chair, House Committee on Natural Resources
Honorable Lyle Larson, Chair, House Committee on Natural Resources
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2610 by Guillen (Relating to the term for a lease of land owned by certain navigation districts.), As Introduced
HB2610 by Guillen (Relating to the term for a lease of land owned by certain navigation districts.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Water Code relating to the leasing of land owned by certain navigation districts. The district may lease or extend the lease of the surface of the land not to exceed 99 years if: 1) the lease conveys an interest in the surface of the land for residential purposes only; 2) at the time the lease will be entered into or extended the district has not less than 50 leases in effect; and 3) any part of the land owned by the district is subdivided into lots intended for residential use. The bill would take effect September 1, 2017.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: UP, SZ, GG, BM
UP, SZ, GG, BM