Grand Teton National Park-transfer of state lands.

14LSO-0148.L1

FISCAL NOTE

The fiscal impact is indeterminable due to the unknown nature of what particular exchange or sale may take place. 

Potential revenues will be greatly influenced by the amount of acreage contemplated within the proposed bill and their particular attributes and resources available. 

OSLI anticipates an increase in non-administrative expenditures related to transactional costs of a land exchange as presented in the proposed bill and may require a specific future Legislative appropriation.  OSLI anticipates, and would desire to negotiate with the Bureau of Land Management (BLM), the anticipated federal agency in which the proposed land exchange would be facilitated, to analyze and process a land exchange such as what is presented in the proposed bill as one transaction.  If done as one transaction, OSLI anticipates a greatly reduced increase in non-administrative expenditures while possibly realizing an analytical benefit of working within any constraints related to the guiding BLM Resource Management Plans. 

An estimate of the increase in non-administrative expenditures is subjective to the amount of acreage contemplated in the proposed bill, their attributes and resources.  Further, OSLI anticipates a proportional increase in non-administrative expenditures based on the number of transactions needed should more than one be required.  Historically, OSLI has required all non-administrative costs be the responsibility of the proponent.  However, within the BLM’s Land Exchange Handbook (H-2200-1) the BLM has provided for total costs related to land exchanges be shared by all parties to the proposed land exchange.

NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED

This bill has administrative impact that appears to increase duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations.

The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

Office of State Lands and Investments

Prepared by:   Matthew Sackett, LSO Phone: 777-7881

(Information provided by: Jason Crowder, Office of State Lands and Investments; Phone: 777-6639 and Sharon Garland, Treasurer’s Office; Phone 777-7475)