LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 21, 2025 TO: Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3462 by Hunter (Relating to the use or purchase or other acquisition of property under the Public Property Finance Act.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactThere could be an impact to a governing body that enters into a contract to purchase real property as would be authorized by the bill. Source Agencies: b > td > LBB Staff: b > td > JMc, SZ, BC, CWi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 21, 2025
TO: Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3462 by Hunter (Relating to the use or purchase or other acquisition of property under the Public Property Finance Act.), As Introduced
TO: Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3462 by Hunter (Relating to the use or purchase or other acquisition of property under the Public Property Finance Act.), As Introduced
Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3462 by Hunter (Relating to the use or purchase or other acquisition of property under the Public Property Finance Act.), As Introduced
HB3462 by Hunter (Relating to the use or purchase or other acquisition of property under the Public Property Finance Act.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
There could be an impact to a governing body that enters into a contract to purchase real property as would be authorized by the bill.
Source Agencies: b > td >
LBB Staff: b > td > JMc, SZ, BC, CWi
JMc, SZ, BC, CWi