LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 12, 2013 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2944 by King, Phil (Relating to the powers and duties of timeshare owners' associations.), As Introduced No fiscal implication to the State is anticipated. The bill would clarify the powers, limitations, and duties relating to timeshare owners' associations including the period of developer control along with quorum, voting, and open meeting requirements. No fiscal implication to the state or units of local government is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, RB, SD, SJS LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 12, 2013 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2944 by King, Phil (Relating to the powers and duties of timeshare owners' associations.), As Introduced TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2944 by King, Phil (Relating to the powers and duties of timeshare owners' associations.), As Introduced 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 HB2944 by King, Phil (Relating to the powers and duties of timeshare owners' associations.), As Introduced HB2944 by King, Phil (Relating to the powers and duties of timeshare owners' associations.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would clarify the powers, limitations, and duties relating to timeshare owners' associations including the period of developer control along with quorum, voting, and open meeting requirements. No fiscal implication to the state or units of local government is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, RB, SD, SJS UP, RB, SD, SJS