Honorable Jerry Madden, Chair, House Committee on Corrections
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB2004 by Bonnen (Relating to the sale of certain state property in Brazoria County by the Texas Board of Criminal Justice.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for HB2004, As Introduced: a positive impact of $2,196,758 through the biennium ending August 31, 2013.
Fiscal Year
Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2012
$2,196,758
2013
$0
2014
$0
2015
$0
2016
$0
Fiscal Year
Probable Savings/(Cost) from General Revenue Fund 1
Probable Savings/(Cost) from Appropriated Receipts 666
2012
$2,196,758
($700,000)
2013
$0
($700,000)
2014
$0
($700,000)
2015
$0
($700,000)
2016
$0
($700,000)
Fiscal Analysis
The bill would require the Texas Board of Criminal Justice to sell property in Brazoria County through the General Land Office.
Methodology
The General Land Office estimates a one-time General Revenue gain of $2.2 million for the sale of the property. The Department of Criminal Justice estimates a loss of $700,000 in agricultural receipts (Appropriated Receipts) per fiscal year as the result of a reduction in the production of cotton, grain, field crops, edible crops, and cattle.
Technology
No impact to technology is anticipated.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
305 General Land Office and Veterans' Land Board, 696 Department of Criminal Justice