LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 27, 2001 TO: Honorable Gary Walker, Chair, House Committee on Land & Resource Management FROM: John Keel, Director, Legislative Budget Board IN RE: SB673 by Jackson (Relating to the authority of a municipality to lease or sell property used for the purpose of operating certain properties located on certain state-owned lands.), Committee Report 2nd House, Substituted ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill proposes to grant authority to a municipality to sell or lease property on certain state-owned lands. The General Land Office would be allowed to grant to the purchaser, a lease of the state-owned tideland, water, and bed beneath the property for not more than 99 years. Specifically, Chapter 307 of the Local Government Code authorizes, among other provisions, the City of Galveston to use submerged state lands belonging to the Permanent School Fund for the construction of a pier. The bill would also allow a municipality that borders the Gulf of Mexico and has a population of 50,000 or more to use and occupy gulf tidelands and adjacent water for park purposes. Under current statute, the population minimum applies to a county of 60,000 or more. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 305 General Land Office LBB Staff: JK, CL, DB