LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 24, 2017 TO: Honorable John T. Smithee, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1053 by Meyer (Relating to statutes of repose for certain claims involving the construction or repair of an improvement to real property or the attachment of equipment to real property.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Civil Practice and Remedies Code to change the statute of limitations for certain claims related to improvement of real property and the attachment of equipment to real property from ten to five years. Based on the analysis of the Office of Court Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council LBB Staff: UP, LBO, MW, GDz LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 24, 2017 TO: Honorable John T. Smithee, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1053 by Meyer (Relating to statutes of repose for certain claims involving the construction or repair of an improvement to real property or the attachment of equipment to real property.), As Introduced TO: Honorable John T. Smithee, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1053 by Meyer (Relating to statutes of repose for certain claims involving the construction or repair of an improvement to real property or the attachment of equipment to real property.), As Introduced Honorable John T. Smithee, Chair, House Committee on Judiciary & Civil Jurisprudence Honorable John T. Smithee, Chair, House Committee on Judiciary & Civil Jurisprudence Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB1053 by Meyer (Relating to statutes of repose for certain claims involving the construction or repair of an improvement to real property or the attachment of equipment to real property.), As Introduced HB1053 by Meyer (Relating to statutes of repose for certain claims involving the construction or repair of an improvement to real property or the attachment of equipment to real property.), 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 Civil Practice and Remedies Code to change the statute of limitations for certain claims related to improvement of real property and the attachment of equipment to real property from ten to five years. Based on the analysis of the Office of Court Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 212 Office of Court Administration, Texas Judicial Council 212 Office of Court Administration, Texas Judicial Council LBB Staff: UP, LBO, MW, GDz UP, LBO, MW, GDz