LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 14, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1012 by Kolkhorst (Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.), As Introduced The fiscal implications of the bill would have an indeterminate revenue gain to the state because the timing of the sales and the amount of proceeds that would be received are unknown. In addition, the Health and Human Services Commission (HHSC) may not be able to sell all or part of the property due to deed restrictions. If HHSC can sell, HHSC estimates there may be a savings of $327,000 in All Funds each fiscal year related to the discontinuation of utilities, security, groundskeeping, and other maintenance and upkeep costs related to the property in addition to revenue gained from the property sale.The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. The bill would authorize the sale of certain real property held by the State of Texas located in the City of Austin. The real property as described in the bill includes (1) 20.3127 acres, more or less, located at 4400 Shoal Creek Boulevard in Austin, Travis County, Texas, and (2) 7.5 acres of a 66 acre tract, more or less, located at 909 W. 45th Street in Austin, Travis County, Texas. The sale of the property described in Section 2, Subsection (1) of the bill would be contingent upon the construction and occupation of an alternative state records facility that replaces the facility being operated on the property by the Texas State Library and Archives Commission. The General Land Office would conduct the sale and deposit the proceeds in the General Revenue Fund.According to the Health and Human Services Commission (HHSC), the revenue gain to the state cannot be determined at this time as HHSC may not be able to sell all or part of the property due to deed restrictions. If HHSC can sell, HHSC estimates there may be a savings of $327,000 in All Funds each fiscal year related to the discontinuation of utilities, security, groundskeeping, and other maintenance and upkeep costs related to the property in addition to revenue gained from the property sale.According to the Comptroller of Public Accounts (CPA), the fiscal impact to the state would be an indeterminate revenue gain because the timing of the sales and the amount of proceeds that would be received are unknown. Based on information provided by the General Land Office and Veterans' Land Board, the Texas State Library and Archives Commission and the CPA, it is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 306 Library & Archives Commission, 529 Health and Human Services Commission LBB Staff: b > td > JMc, RStu, MW, JDio
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 14, 2025
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1012 by Kolkhorst (Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.), As Introduced
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1012 by Kolkhorst (Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.), As Introduced
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1012 by Kolkhorst (Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.), As Introduced
SB1012 by Kolkhorst (Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.), As Introduced
The fiscal implications of the bill would have an indeterminate revenue gain to the state because the timing of the sales and the amount of proceeds that would be received are unknown. In addition, the Health and Human Services Commission (HHSC) may not be able to sell all or part of the property due to deed restrictions. If HHSC can sell, HHSC estimates there may be a savings of $327,000 in All Funds each fiscal year related to the discontinuation of utilities, security, groundskeeping, and other maintenance and upkeep costs related to the property in addition to revenue gained from the property sale.The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
The fiscal implications of the bill would have an indeterminate revenue gain to the state because the timing of the sales and the amount of proceeds that would be received are unknown. In addition, the Health and Human Services Commission (HHSC) may not be able to sell all or part of the property due to deed restrictions. If HHSC can sell, HHSC estimates there may be a savings of $327,000 in All Funds each fiscal year related to the discontinuation of utilities, security, groundskeeping, and other maintenance and upkeep costs related to the property in addition to revenue gained from the property sale.The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
The bill would authorize the sale of certain real property held by the State of Texas located in the City of Austin. The real property as described in the bill includes (1) 20.3127 acres, more or less, located at 4400 Shoal Creek Boulevard in Austin, Travis County, Texas, and (2) 7.5 acres of a 66 acre tract, more or less, located at 909 W. 45th Street in Austin, Travis County, Texas. The sale of the property described in Section 2, Subsection (1) of the bill would be contingent upon the construction and occupation of an alternative state records facility that replaces the facility being operated on the property by the Texas State Library and Archives Commission. The General Land Office would conduct the sale and deposit the proceeds in the General Revenue Fund.According to the Health and Human Services Commission (HHSC), the revenue gain to the state cannot be determined at this time as HHSC may not be able to sell all or part of the property due to deed restrictions. If HHSC can sell, HHSC estimates there may be a savings of $327,000 in All Funds each fiscal year related to the discontinuation of utilities, security, groundskeeping, and other maintenance and upkeep costs related to the property in addition to revenue gained from the property sale.According to the Comptroller of Public Accounts (CPA), the fiscal impact to the state would be an indeterminate revenue gain because the timing of the sales and the amount of proceeds that would be received are unknown. Based on information provided by the General Land Office and Veterans' Land Board, the Texas State Library and Archives Commission and the CPA, it is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 306 Library & Archives Commission, 529 Health and Human Services Commission
304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 306 Library & Archives Commission, 529 Health and Human Services Commission
LBB Staff: b > td > JMc, RStu, MW, JDio
JMc, RStu, MW, JDio