LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 16, 1999 TO: Honorable Gary Walker, Chair, House Committee on Land & Resource Management FROM: John Keel, Director, Legislative Budget Board IN RE: HB 2782 by Oliveira (Relating to the conveyance of an interest in real property by a public junior college or public junior college district to a university system.), As Introduced ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would allow community colleges to convey real property for less than fair market value to a university system if the exchange promotes a public purpose related to higher education within the service area of the public community college district. Local Government Impact The local community college districts that convey property under the provisions of the bill could incur costs depending upon the terms of the conveyance. Source Agencies: 781 Higher Education Coordinating Board LBB Staff: JK, DE, DB