Honorable Lois W. Kolkhorst, Chair, Senate Committee on Health & Human Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3800 by Darby (Relating to the release of a reversionary interest in certain real property by the Health and Human Services Commission and conditions related to that release.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would require the Health and Human Services Commission to execute an appropriate instrument to release and nullify the right of reverter on a property located in Howard County, Texas, contingent upon certain conditions being met, no later than February 1, 2023.
The bill would take effect immediately upon receiving a two-thirds majority vote in each house. Otherwise, the bill would take effect September 1, 2021.
The Health and Human Services Commission indicates any cost to implement provisions of the bill would be minimal and could be absorbed within available resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
305 General Land Office, 529 Hlth & Human Svcs Comm