LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 8, 2001
  
  
          TO:  Honorable Gary Walker, Chair, House Committee on Land &
               Resource Management
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB1490  by Geren (Relating to the right of certain
               lessees of land owned by a municipality to purchase the
               land.), As Introduced
  
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*  No fiscal implication to the State is anticipated.                    *
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Local Government Impact
  
The bill would increase the population cap for a city to be eligible to
sell land to a lessee, although eligibility criteria would still require
the city to own land within 5,000 feet of where the shoreline of a lake
would be if the lake were filled to its storage capacity.  The Texas
Municipal League indicated that an eligible city that would choose to
sell land to a lessee would experience a positive impact.  The amount of
the impact would depend on the value of the land.
  
  
Source Agencies:   
LBB Staff:         JK, CL, DB