Honorable Tom Craddick, Chair, House Committee on Land & Resource Management
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
SB421 by Kolkhorst (Relating to the acquisition of real property by an entity with eminent domain authority.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend various sections of the Property Code related to acquisition of real property by a private entity with eminent domain authority.
According to the Railroad Commission, no fiscal implication to the State is anticipated.
According to the Public Utility Commission (PUC), the bill would have no significant fiscal impact on the agency and any provisions of the bill could be accomplished within existing resources.
Local Government Impact
According to the Railroad Commission, no fiscal implication to units of local government is anticipated.
Source Agencies:
455 Railroad Commission, 473 Public Utility Commission of Texas