Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3178 by Anchia (Relating to the use of a broker for the sale or lease of real property by the Dallas County Hospital District.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to authorize certain political subdivisions to contract with a broker to lease or sell tract of real property that is owned by the political subdivision. It authorizes for payment of a fee upon production of a ready, willing, and able buyer. It requires notice to sell and exempts these sales from certain other statutory requirements.
The bill would take effect immediately if it receives a vote of two-thirds of each house. If the bill does not receive the vote necessary for immediate effect, it would take effect September 1, 2017.
Local Government Impact
According to the Dallas County Hospital District, the bill would have no significant fiscal impact.