LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 19, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2328 by McClendon (Relating to the registration, monitoring, and investigation of and handling of funds by property owners' association boards; providing administrative penalties.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:466 Office of Consumer Credit Commissioner, 450 Department of Savings and Mortgage Lending, 451 Department of Banking LBB Staff: JOB, RAN, AG LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 19, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2328 by McClendon (Relating to the registration, monitoring, and investigation of and handling of funds by property owners' association boards; providing administrative penalties.), Committee Report 1st House, Substituted TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB2328 by McClendon (Relating to the registration, monitoring, and investigation of and handling of funds by property owners' association boards; providing administrative penalties.), Committee Report 1st House, Substituted 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 HB2328 by McClendon (Relating to the registration, monitoring, and investigation of and handling of funds by property owners' association boards; providing administrative penalties.), Committee Report 1st House, Substituted HB2328 by McClendon (Relating to the registration, monitoring, and investigation of and handling of funds by property owners' association boards; providing administrative penalties.), Committee Report 1st House, Substituted 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: 466 Office of Consumer Credit Commissioner, 450 Department of Savings and Mortgage Lending, 451 Department of Banking 466 Office of Consumer Credit Commissioner, 450 Department of Savings and Mortgage Lending, 451 Department of Banking LBB Staff: JOB, RAN, AG JOB, RAN, AG