LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 1, 2013 TO:Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1372 by Hinojosa (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 1, 2013
TO:Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1372 by Hinojosa (Relating to the powers and duties of timeshare owners' associations.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1372 by Hinojosa (Relating to the powers and duties of timeshare owners' associations.), As Introduced
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1372 by Hinojosa (Relating to the powers and duties of timeshare owners' associations.), As Introduced
SB1372 by Hinojosa (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