LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 76th Regular Session
March 7, 1999
TO: Honorable Gary Walker, Chair, House Committee on Land &
Resource Management
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB664 by Chisum (Relating to the sale of certain land by
the Texas Department of Health.), As Introduced
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* Estimated Two-year Net Impact to General Revenue Related Funds for *
* HB664, As Introduced: positive impact of $0 through the biennium *
* ending August 31, 2001. *
* *
* The bill would make no appropriation but could provide the legal *
* basis for an appropriation of funds to implement the provisions of *
* the bill. *
**************************************************************************
General Revenue-Related Funds, Five-Year Net Impact:
****************************************************
* Fiscal Year Probable Net Positive/(Negative) *
* Impact to General Revenue Related *
* Funds *
* 2000 $0 *
* 2001 0 *
* 2002 0 *
* 2003 0 *
* 2004 0 *
****************************************************
All Funds, Five-Year Impact:
*****************************************************
* Fiscal Year Probable Revenue Gain/(Loss) from *
* Texas Capital Trust Account/ *
* GR-Dedicated *
* 0543 *
* 2000 $206,000 *
* 2001 0 *
* 2002 0 *
* 2003 0 *
* 2004 0 *
*****************************************************
Fiscal Analysis
The bill would amend the Health and Safety Code to allow the Texas
Department of Health (TDH) to sell acquired lands that had been affected
by by-product material from the extraction of uranium or similar
material. The TDH would be required to restore land to a condition that
did not compromise the public health or safety or the environment. The
land would be sold, at fair market value, by the General Land Office
(GLO), with the proceeds from the transaction deposited in the Texas
Capital Trust Account 0543 in the General Revenue Fund.
Methodology
The bill could affect a potential one-time revenue gain to the Capital
Trust Fund Account 0543 (General Revenue-Dedicated) from the sale of a
specific 515 acre tract of land in Karnes County. Although a GLO staff
appraisal in 1998 indicated the market value at $206,000, a new appraisal
would be necessary to determine the current market value and the new
probable sales price. The GLO estimates that a new appraisal would cost
approximately $2,197.
There are no additional costs to remediate the land according to TDH as
total remediation was completed three years ago.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JK, DE, MF, TT