LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 77th Regular Session
Revision 1
February 8, 2001
TO: Honorable J.E. "Buster" Brown, Chair, Senate Committee on
Natural Resources
FROM: John Keel, Director, Legislative Budget Board
IN RE: SB267 by Ogden (Relating to the authority of the Texas
Department of Transportation to contract for the
management of property used for the mitigation of
adverse environmental impacts.), As Introduced
**************************************************************************
* No significant fiscal implication to the State is anticipated. *
**************************************************************************
The bill would allow the Texas Department of Transportation to enter into
a contract with any public or private entity for the management of
property used for the purpose of mitigating adverse environmental
impacts in accordance with Federal law. The agency estimates
implementing the provisions of the bill would result in an insignificant
cost savings for conservation easements, acquisition costs, management,
and staff costs.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 802 Texas
Parks and Wildlife Department, 601 Texas Department
of Transportation
LBB Staff: JK, CL, MW