LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 8, 2017 TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2762 by Workman (Relating to broker agreements for the sale of certain surplus property by a county.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Local Government Code concerning the disposition of certain surplus property by counties. It authorizes use of broker agreements for the sale of defined categories of property where broker expertise is necessary to negotiate the sale of the surplus property.The bill does not involve the sale of property held by the state and would not have a significant fiscal implication to the state.The bill would take effect immediately if it receives a vote of two-thirds of each house. If the bill does not receive the vote necessary for immediate effect it would take effect September 1, 2017. Local Government Impact According to the Texas Association of Counties, no significant fiscal implication is anticipated. Source Agencies: LBB Staff: UP, JGA, GG, GP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 8, 2017
TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2762 by Workman (Relating to broker agreements for the sale of certain surplus property by a county.), As Engrossed
TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2762 by Workman (Relating to broker agreements for the sale of certain surplus property by a county.), As Engrossed
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
HB2762 by Workman (Relating to broker agreements for the sale of certain surplus property by a county.), As Engrossed
HB2762 by Workman (Relating to broker agreements for the sale of certain surplus property by a county.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Local Government Code concerning the disposition of certain surplus property by counties. It authorizes use of broker agreements for the sale of defined categories of property where broker expertise is necessary to negotiate the sale of the surplus property.The bill does not involve the sale of property held by the state and would not have a significant fiscal implication to the state.The bill would take effect immediately if it receives a vote of two-thirds of each house. If the bill does not receive the vote necessary for immediate effect it would take effect September 1, 2017.
Local Government Impact
According to the Texas Association of Counties, no significant fiscal implication is anticipated.
Source Agencies:
LBB Staff: UP, JGA, GG, GP
UP, JGA, GG, GP