Honorable Phil King, Chair, House Committee on Regulated Industries
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB1659 by King, Phil (Relating to procedures in an eminent domain proceeding initiated by certain common carriers.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Natural Resources Code regarding the procedures that must be followed by a common carrier when exercising the power of eminent domain. In addition to the requirement for a common carrier to notify the owner of the property to be acquired, the provisions of the bill would prohibit the special commissioners in an eminent domain proceeding from scheduling a hearing to assess damages before the 30th day after the date of the special commissioners' appointment and would require the special commissioners to notify the property owner of the scheduled hearing.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
455 Railroad Commission, 601 Department of Transportation