LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                              April 9, 1999
  
  
          TO:  Honorable Gary Walker, Chair, House Committee on Land &
               Resource Management
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB 1886 by Turner, Bob (Relating to abandoned railroad
               right-of-way.), As Introduced
  
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*  No fiscal implication to the State is anticipated.                    *
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The bill would transfer property interest in abandoned railroad
right-of-way to adjacent current fee title landowners 180 days after the
Surface Transportation Board declares rail service abandoned for a
railroad or portion of a railroad.

The Texas Department of Transportation (TXDOT) projects that if a
declaration is made affecting the two existing rail transportation
districts in which TXDOT has an ownership interest, there would be a
loss of right-of-way valued at $676,308.  In addition, TXDOT has
security interests in these two rail districts valued at $4.3 million.
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   455   Railroad Commission, 601   Department of
                   Transportation
LBB Staff:         JK, DE, MF