Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3439 by Riddle (Relating to the donation of property from a state agency to an assistance organization or a local governmental entity.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would authorize a state agency to donate surplus or salvage property to a local governmental entity or assistance organization if the Texas Facilities Commission (TFC) determines that the state would benefit from the donation. TFC could charge the entity receiving the donation up to 10 percent of the market value of the property in order to cover the costs associated with the donation. An agency would have to notify the Texas Comptroller of Public Accounts of the donation and of any benefit received.
Local Government Impact
There could be costs to a local governmental entity that chose to accept the donation of property. However, it is assumed that a local governmental entity would accept a donation only if sufficient funds were available or it would not result in a negative fiscal impact; therefore, no significant fiscal impact is anticipated.
Source Agencies:
303 Facilities Commission, 304 Comptroller of Public Accounts