Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3244 by Burkett (Relating to authorizing broker agreements for the sale of real property held in trust by home-rule municipalities.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to permit the governing body of certain municipalities to contract with a broker to sell a tract of real property that the municipality owns or holds in a trust and has the authority to sell.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.