Honorable Dade Phelan, Chair, House Committee on State Affairs
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB4541 by Cyrier (relating to the authority of the Texas Facilities Commission over certain real property owned by the state.), Committee Report 1st House, Substituted
The fiscal implications of the bill cannot be determined at this time.
Analysis by the Texas Facilities Commission indicates that the provisions of the bill relating to the disposition of real property outside of the Capitol Complex would have a positive fiscal impact to the state. The sale of facilities would provide one-time and ongoing savings in the form of sales proceeds and maintenance cost avoidance. However, because the frequency and number of potential dispositions cannot be reasonably estimated, the fiscal impact to the state cannot be determined at this time.
Local Government Impact
No fiscal implication to units of local government is anticipated.