TO: | Honorable Anna Mowery, Chair, House Committee on Land & Resource Management |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB84 by Coleman (Relating to the exercise of eminent domain authority or purchase of certain real property by certain nonprofit charitable corporations.), As Introduced |
The bill would add to the requirements that certain nonprofit charitable corporations must follow to exercise eminent domain or to purchase certain real property. The proposed requirements would apply only to the acquisition of real property by eminent domain or the purchase of real property on or after the effective date of the bill unless the proceedings are begun before the effective date.
The bill would take effect immediately if it were to receive the required two-thirds vote in each house; otherwise, it would take effect the 91st day after the last day of the legislative session.
Because nonprofit charitable corporations are not government entities and land used for public purposes is exempt from paying property taxes, there would be no fiscal impact to state or local government.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, WK, DLBa
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