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LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION

April 21, 2025

TO:	Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB3462 by Hunter (Relating to the use or purchase or other acquisition of property under the Public Property Finance Act.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that any costs associated with the bill could be absorbed using existing resources.

Local Government Impact

There could be an impact to a governing body that enters into a contract to purchase real property as would be authorized by the bill.

Source Agencies:

LBB Staff:

JMc, SZ, BC, CWi