Honorable Rene Oliveira, Chair, House Committee on Land & Resource Management
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
SB873 by Duncan (Relating to rate and damage schedules governing certain easements or other interests in land of The University of Texas System.), As Engrossed
No fiscal implication to the State is anticipated.
Under provisions of the bill, the Board of Regents of the University of Texas System would establish procedures by which a person seeking an easement or other interest under Section 66.46 of the Education Code may seek relief from a rate or damage schedule that the person believes does not represent the fair market value of the interest being sought.
Local Government Impact
No fiscal implication to units of local government is anticipated.