LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 24, 2017 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1821 by Clardy (Relating to a late fee for failing to pay rent under a residential lease.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Property Code by limiting the initial and daily fees that a landlord may charge a tenant for failing to pay rent. The Office of the Attorney General anticipates any additional work resulting from the passage of the bill could reasonably be absorbed within current resources. The bill would take effect January 1, 2018. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General LBB Staff: UP, CL, NV, JSm, JGA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 24, 2017
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1821 by Clardy (Relating to a late fee for failing to pay rent under a residential lease.), As Introduced
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1821 by Clardy (Relating to a late fee for failing to pay rent under a residential lease.), 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
HB1821 by Clardy (Relating to a late fee for failing to pay rent under a residential lease.), As Introduced
HB1821 by Clardy (Relating to a late fee for failing to pay rent under a residential lease.), 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 Property Code by limiting the initial and daily fees that a landlord may charge a tenant for failing to pay rent. The Office of the Attorney General anticipates any additional work resulting from the passage of the bill could reasonably be absorbed within current resources. The bill would take effect January 1, 2018.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General
302 Office of the Attorney General
LBB Staff: UP, CL, NV, JSm, JGA
UP, CL, NV, JSm, JGA