LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION February 28, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB747 by Carona (Relating to the professions regulated by the Texas Real Estate Commission.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Occupations Code relating to the professions regulated by the Texas Real Estate Commission. Based on the analysis of the Texas Real Estate Commission, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:329 Real Estate Commission LBB Staff: JOB, AG, MW, NV LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION February 28, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB747 by Carona (Relating to the professions regulated by the Texas Real Estate Commission.), As Introduced TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE: SB747 by Carona (Relating to the professions regulated by the Texas Real Estate Commission.), As Introduced Honorable John Carona, Chair, Senate Committee on Business & Commerce Honorable John Carona, Chair, Senate Committee on Business & Commerce John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board SB747 by Carona (Relating to the professions regulated by the Texas Real Estate Commission.), As Introduced SB747 by Carona (Relating to the professions regulated by the Texas Real Estate Commission.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Occupations Code relating to the professions regulated by the Texas Real Estate Commission. Based on the analysis of the Texas Real Estate Commission, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 329 Real Estate Commission 329 Real Estate Commission LBB Staff: JOB, AG, MW, NV JOB, AG, MW, NV