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Senate Committee on State Real Property Data Collection, Reporting, and Assessment, Select - 84th R.S. (2015)

Committee: Senate State Real Property Data Collection, Reporting, and Assessment, Select
Title: Interim Report
Subjects: General Land Office | Legislative Budget Board, Texas | Property insurance | Public colleges and universities | Risk Management, State Office of | State agencies | State buildings | State land | Texas State Capitol complex |
Library Call Number: L1836.84 R229
Session: 84th R.S. (2015)
Online version: View report [10 pages]
Charges: This report should address the charges below.
1. Study the potential benefits of maintaining a comprehensive database of all real property owned by the state.
2. Study the potential financial loss to the state that could result from the state owning uninsured and underinsured real property.
3. Study any efficiencies or cost savings potentially achieved by requiring the General Land Office to submit the annual report required under Section 31.157, Natural Resources Code, to the Texas Department of Transportation, the Employees Retirement System of Texas, and the Teacher Retirement System of Texas.
4. Study the potential benefits or burdens, including administrative burdens, of requiring each state agency and institution of higher education to report information on the real property it possesses, at the same time and in a uniform manner, to a single entity, and how often the information should be reported.
5. Study which state agency is best suited to collect information on all real property owned by the state and the appropriate method for collecting this information.
6. Study the information that is currently reported by state agencies and institutions of higher education regarding real property of which agencies and institutions have charge and control.
7. Study the distinction between state agencies and institutions of higher education that report information on real property owned by the state as compared to state agencies and institutions of higher education that collect information for a report on real property owned by the state.
8. Study information determined by the Legislative Budget Board as necessary for the State Office of Risk Management to conduct an insurable state asset study to develop a statewide strategy that will ensure all real property owned by the state is adequately insured.
9. Study how often the State Office of Risk Management should submit an insurable state asset study to the legislature.
10. Study the results of the appraisal required by Subsection (e) of this section, and the potential loss to the state by inadequately insuring the Capitol Complex, as defined by Section 443.0071, Government Code.
11. Study other potential ways to ensure that the state is able to identify, track, and maintain a database of the location, condition, and replacement value of all real property owned by the state.

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