LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 13, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB456 by Lucio III (Relating to a security services contractor's lien.), As Introduced No fiscal implication to the State is anticipated. HB 456 amends the Property Code to authorize a security service contractor to place a lien against a commercial entity for the amount owed under a security services contract. The lien attaches to the property where the contractor performed the services, if owned by the commercial entity, and to the personal property owned by the commercial entity and located on the premises where the service was performed. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General, 405 Department of Public Safety LBB Staff: JOB, AG, JI, KY
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 13, 2011
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB456 by Lucio III (Relating to a security services contractor's lien.), As Introduced
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB456 by Lucio III (Relating to a security services contractor's lien.), 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
HB456 by Lucio III (Relating to a security services contractor's lien.), As Introduced
HB456 by Lucio III (Relating to a security services contractor's lien.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
HB 456 amends the Property Code to authorize a security service contractor to place a lien against a commercial entity for the amount owed under a security services contract. The lien attaches to the property where the contractor performed the services, if owned by the commercial entity, and to the personal property owned by the commercial entity and located on the premises where the service was performed.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General, 405 Department of Public Safety
302 Office of the Attorney General, 405 Department of Public Safety
LBB Staff: JOB, AG, JI, KY
JOB, AG, JI, KY