LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
 
April 3, 2017

TO:
Honorable Robert Nichols, Chair, Senate Committee on Transportation
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
SB979 by Schwertner (Relating to the acquisition and disposition of real property intended for high-speed rail projects.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Transportation Code prohibiting a private entity from exercising eminent domain for the purpose of developing or operating a high-speed rail project. The bill would prohibit a private entity that acquires property for a high-speed rail project, through threat of condemnation, to use the property for any other purpose. If the property is not used for a high-speed rail project the property may not be conveyed to any person unless the former owner is given notice and opportunity to repurchase the property.

The bill would take effect September 1, 2017.

Local Government Impact

According to Texas Association of Counties, no significant fiscal impact is anticipated from the provisions of the bill.


Source Agencies:
601 Department of Transportation
LBB Staff:
UP, AG, GG, BM