Honorable Joe Deshotel, Chair, House Committee on Land & Resource Management
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4186 by González, Mary (Relating to a written appraisal required for a bona fide offer to acquire real property by an entity with eminent domain authority.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend the Property Code relating to a written appraisal required for a bona fide offer to acquire real property by an entity with eminent domain authority. Based on information provided by the Texas Real Estate Commission, this analysis anticipates no fiscal implication to the State.
Local Government Impact
No fiscal implication to units of local government is anticipated.