LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 13, 2021 TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1059 by Stephenson (relating to a sellers disclosure of the location of certain real property in a floodplain.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend the Property Code relating to a seller's disclosure of the location of certain real property in a floodplain. Based on information provided by the Texas Real Estate Commission, this analysis anticipates no fiscal implication to the State. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 329 Real Estate Commission LBB Staff: b > td > JMc, SZ, MB, MPUK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 13, 2021
TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1059 by Stephenson (relating to a sellers disclosure of the location of certain real property in a floodplain.), Committee Report 1st House, Substituted
TO: Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1059 by Stephenson (relating to a sellers disclosure of the location of certain real property in a floodplain.), Committee Report 1st House, Substituted
Honorable Chris Turner, Chair, House Committee on Business & Industry
Honorable Chris Turner, Chair, House Committee on Business & Industry
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB1059 by Stephenson (relating to a sellers disclosure of the location of certain real property in a floodplain.), Committee Report 1st House, Substituted
HB1059 by Stephenson (relating to a sellers disclosure of the location of certain real property in a floodplain.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Property Code relating to a seller's disclosure of the location of certain real property in a floodplain. Based on information provided by the Texas Real Estate Commission, this analysis anticipates no fiscal implication to the State.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 329 Real Estate Commission
329 Real Estate Commission
LBB Staff: b > td > JMc, SZ, MB, MPUK
JMc, SZ, MB, MPUK