LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 22, 2013 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2075 by Anchia (Relating to the operation of certain condominium unit owners' associations.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend the Property Code to provide requirements regarding the operation of certain condominium unit owners' associations which are not governmental entities. The bill would require a county clerk to file a management certificate in the real property records of the county and index the document as a "Condominium Association Management Certificate." Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, RB, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 22, 2013
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2075 by Anchia (Relating to the operation of certain condominium unit owners' associations.), Committee Report 1st House, Substituted
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2075 by Anchia (Relating to the operation of certain condominium unit owners' associations.), Committee Report 1st House, Substituted
Honorable René Oliveira, Chair, House Committee on Business & Industry
Honorable René Oliveira, Chair, House Committee on Business & Industry
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2075 by Anchia (Relating to the operation of certain condominium unit owners' associations.), Committee Report 1st House, Substituted
HB2075 by Anchia (Relating to the operation of certain condominium unit owners' associations.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Property Code to provide requirements regarding the operation of certain condominium unit owners' associations which are not governmental entities. The bill would require a county clerk to file a management certificate in the real property records of the county and index the document as a "Condominium Association Management Certificate."
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: UP, RB, TP
UP, RB, TP