79(R) SB 1336 Introduced version

LEGISLATIVE BUDGET BOARD
Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION


April 12, 2005

TO:	Honorable Todd Staples, Chair, Senate Committee on Transportation & Homeland Security

FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board

IN RE:	SB1336 by Madla (Relating to the sale or conveyance of the Presidio International Bridge.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would require 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.