LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 13, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2526 by Anchia (Relating to the notice required regarding the application of certain residential rental payments.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Property Code and require a landlord to apply any funds received by the tenant first to the rent and then to any other charges owed by the tenant, unless the tenant directs otherwise. It is assumed that any costs associated with implementation of the bill would not be significant. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General LBB Staff: JOB, JRO, JM LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 13, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2526 by Anchia (Relating to the notice required regarding the application of certain residential rental payments.), As Introduced TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2526 by Anchia (Relating to the notice required regarding the application of certain residential rental payments.), As Introduced Honorable Joe Deshotel, Chair, House Committee on Business & Industry Honorable Joe Deshotel, Chair, House Committee on Business & Industry John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB2526 by Anchia (Relating to the notice required regarding the application of certain residential rental payments.), As Introduced HB2526 by Anchia (Relating to the notice required regarding the application of certain residential rental payments.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Property Code and require a landlord to apply any funds received by the tenant first to the rent and then to any other charges owed by the tenant, unless the tenant directs otherwise. It is assumed that any costs associated with implementation of the bill would not be significant. The bill would amend the Property Code and require a landlord to apply any funds received by the tenant first to the rent and then to any other charges owed by the tenant, unless the tenant directs otherwise. It is assumed that any costs associated with implementation of the bill would not be significant. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 302 Office of the Attorney General 302 Office of the Attorney General LBB Staff: JOB, JRO, JM JOB, JRO, JM