LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 17, 1995
TO: Honorable Robert M. Saunders, Chair IN RE: Senate BillNo. 390,
Committee on Land and Resource as engrossed
Management By: Harris, Chris
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
390 (relating to the disclosure of property valuation information
to the owner of property to be acquired for public use) this
office has determined the following:
The bill would require a governmental entity or corporation with
eminent domain authority that wants to acquire real property for
a public use to disclose to the property owner, at the time an
offer to purchase is made, all information relating to the value
of the property, including property appraisals, produced or
acquired by the governmental entity or corporation. Currently,
this information is considered confidential and the governmental
entity or corporation is not required to disclose the information
under the Texas Open Records Act. Under the provisions of the
bill, an agency would be required to disclose all information,
including the highest appraisal on a tract of real property. The
property owner would also be required to disclose the same
information to the to the governmental entity or corporation with
eminent domain authority.
The extent to which cases would be contested or settled based on
provisions of the bill is not known, therefore the fiscal
implications to the state or units of local government cannot be
determined.
Source: LBB Staff: JK, CT, DF