LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
April 22, 2005

TO:
Honorable Mike Krusee, Chair, House Committee on Transportation
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB3189 by Gallego (Relating to the authority of the Texas Department of Transportation to sell or convey the Presidio International Bridge.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would authorize the Texas Department of Transportation (TxDOT) to sell or convey the Presidio International Bridge to the City of Presidio and the County of Presidio in compliance with state and federal rules.

 

TxDOT indicates that the federal government could place restrictions on the sale or conveyance of the international bridge.

 

It is assumed the sale or conveyance would be contingent upon the receipt of a new Presidential Permit for the Presidio International Bridge in accordance with Executive Order 11423, August 16, 1968 (33 Federal Regulation 11741).  Based on the analysis of TxDOT, it is assumed that costs associated with implementing the provisions of the bill could be covered utilizing existing resources.

 

The bill would take effect immediately upon receiving a two-thirds majority vote of all of the members elected to each house.  If the bill does not receive a two-thirds majority vote of all the members, the bill would take effect September 1, 2005.


Local Government Impact

Costs to the City of Presidio and the County of Presidio would depend on the purchase price of the Presidio International Bridge set by the department and any costs associated with obtaining a Presidential Permit.


Source Agencies:
LBB Staff:
JOB, SR, MW, TG