Texas 2011 - 82nd Regular

Texas House Bill HB1680

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to self-directed and semi-independent status of the Texas Real Estate Commission; making an appropriation.

Impact

The impact of HB 1680 is significant as it modifies how the Texas Real Estate Commission operates. By allowing the commission to adopt its own budget and control its financial operations, the bill aims to enhance efficiency and responsiveness to the real estate market's needs. It opens the door for the commission to establish fee structures that reflect the actual costs of its operations, thereby potentially improving its financial sustainability and operational effectiveness.

Summary

House Bill 1680 relates to granting self-directed and semi-independent status to the Texas Real Estate Commission. This legislation specifies that the commission is empowered to operate independently, establishing its own budget, setting fees, and managing its revenues without the constraints typically imposed by the General Appropriations Act. The bill aims to streamline the operations of the commission while also ensuring it continues to function within its existing regulatory framework and responsibilities.

Sentiment

The sentiment surrounding HB 1680 is largely supportive among stakeholders who advocate for increased autonomy and flexibility in agency operations. Proponents believe that making the commission semi-independent will allow it to be more agile in its regulatory functions and better serve the interests of the real estate industry. However, there may also be concerns about accountability and transparency, as increased autonomy often raises questions about oversight and regulation.

Contention

A notable point of contention regarding the bill could center on the balance of power between the commission and state oversight entities. While proponents see this shift as empowering the commission, critics may argue that it could lead to diminished external oversight and accountability, potentially affecting the interests of consumers and other stakeholders in the real estate market. Additionally, the provision that allows the commission to carry out contracts and manage its property could be scrutinized for implications on transparency and fairness in the bidding process.

Companion Bills

TX SB1000

Identical Relating to self-directed and semi-independent status of the Texas Real Estate Commission; making an appropriation.

Previously Filed As

TX SB927

Relating to the self-directed and semi-independent status of the State Securities Board; authorizing fees.

TX HB21

Relating to the Texas Independent Citizen Redistricting Commission.

TX HB1500

Relating to the continuation and functions of the Public Utility Commission of Texas and the Office of Public Utility Counsel, and the functions of the independent organization certified for the ERCOT power region; increasing an administrative penalty.

TX SB1368

Relating to the continuation and functions of the Public Utility Commission of Texas and the Office of Public Utility Counsel, and the functions of the independent organization certified for the ERCOT power region.

TX HB3447

Relating to the establishment and administration of the Texas Space Commission and the Texas Aerospace Research and Space Economy Consortium.

TX SB2070

Relating to the funding of projects by the Public Utility Commission of Texas to promote the reliability and resiliency of the power grid in this state; authorizing the issuance of revenue bonds.

TX SB30

Relating to supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.

TX HB500

Relating to supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.

TX SB69

Relating to the establishment of the Texas Redistricting Commission.

TX HB4177

Relating to the acquisition of park land by the Texas parks and wildlife department: making an appropriation

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