LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 23, 2017 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1098 by Canales (Relating to the amount of late fees that may be charged to certain tenants.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Property Code prohibiting a landlord charging a participant in the housing choice voucher program an initial late fee or daily fee in which the total amount exceeds five percent of the rent owed. The bill would take effect September 1, 2017. Local Government Impact According to the Texas Association of Counties (TAC), no fiscal impact to local government is anticipated. Source Agencies:332 Department of Housing and Community Affairs LBB Staff: UP, CL, GG, BM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 23, 2017
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1098 by Canales (Relating to the amount of late fees that may be charged to certain tenants.), As Introduced
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1098 by Canales (Relating to the amount of late fees that may be charged to certain tenants.), 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
HB1098 by Canales (Relating to the amount of late fees that may be charged to certain tenants.), As Introduced
HB1098 by Canales (Relating to the amount of late fees that may be charged to certain tenants.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Property Code prohibiting a landlord charging a participant in the housing choice voucher program an initial late fee or daily fee in which the total amount exceeds five percent of the rent owed. The bill would take effect September 1, 2017.
Local Government Impact
According to the Texas Association of Counties (TAC), no fiscal impact to local government is anticipated.
Source Agencies: 332 Department of Housing and Community Affairs
332 Department of Housing and Community Affairs
LBB Staff: UP, CL, GG, BM
UP, CL, GG, BM