Honorable Garnet Coleman, Chair, House Committee on County Affairs
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2703 by Callegari (relating to notice of a sale of surplus or salvage property by counties. ), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to require a county that contracts with a licensed auctioneer or that authorizes a county employee to sell surplus or salvage property of any value through an Internet auction site offering online bidding through the Internet, to post notice for at least 10 days. Under current statute, a county would be required to post notice only for items with an estimated value of not more than $500.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.