SRC-SLL H.B. 2877 75(R)   BILL ANALYSIS


Senate Research Center   H.B. 2877
By: Greenberg (Barrientos)
State Affairs
5-12-97
Engrossed


DIGEST 

The City of Austin will be opening the Austin Bergstrom International
Airport and closing Robert Mueller Municipal Airport; therefore it will be
necessary for the State Aircraft Pooling Board to relocate.  This bill
provides regulations for the issuance of bonds for projects by the Texas
Public Finance Authority. 

PURPOSE

As proposed, H.B. 2877 provides regulations for the issuance of bonds for
projects by the Texas Public Finance Authority. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 24A, Article 601d, V.T.C.S., to provide that
certain projects are approved, including facilities associated with
relocation of the State Aircraft Pooling Board (not to exceed an estimated
amount of $7,000,000); and the acquisition and development of acreage at
Robert Mueller Municipal Airport for a state complex (not to exceed an
estimated amount of $41,000,000).  Requires the State Purchasing and
General Services Commission to perform an alternative purchase analysis
pursuant to Chapter 2166, Government Code, rather than Article 601b,
V.T.C.S.  Makes conforming changes. 

SECTION 2. Emergency clause.
  Effective date: upon passage.