LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 2, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB366 by Orr (Relating to priority of payment relating to property owners' association assessments.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Property Code relating to assessments by a property owners' association which is not a governmental entity. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, AG, TP LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 2, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB366 by Orr (Relating to priority of payment relating to property owners' association assessments.), As Introduced TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB366 by Orr (Relating to priority of payment relating to property owners' association assessments.), 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 HB366 by Orr (Relating to priority of payment relating to property owners' association assessments.), As Introduced HB366 by Orr (Relating to priority of payment relating to property owners' association assessments.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Property Code relating to assessments by a property owners' association which is not a governmental entity. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, AG, TP JOB, AG, TP