LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 11, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1428 by Deshotel (Relating to trust fund protection for retainage for the benefit of certain claimants under a construction loan or financing agreement.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:329 Real Estate Commission, 450 Department of Savings and Mortgage Lending, 451 Department of Banking LBB Staff: JOB, AG, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 11, 2011
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1428 by Deshotel (Relating to trust fund protection for retainage for the benefit of certain claimants under a construction loan or financing agreement.), As Introduced
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB1428 by Deshotel (Relating to trust fund protection for retainage for the benefit of certain claimants under a construction loan or financing agreement.), 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
HB1428 by Deshotel (Relating to trust fund protection for retainage for the benefit of certain claimants under a construction loan or financing agreement.), As Introduced
HB1428 by Deshotel (Relating to trust fund protection for retainage for the benefit of certain claimants under a construction loan or financing agreement.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending, 451 Department of Banking
329 Real Estate Commission, 450 Department of Savings and Mortgage Lending, 451 Department of Banking
LBB Staff: JOB, AG, SD
JOB, AG, SD