LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 30, 2021 TO: Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2376 by Kuempel (relating to the repeal of the real estate inspection recovery fund.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. Based on information provided by the Texas Real Estate Commission and the Comptroller of Public Accounts, any costs associated with the implementation of the bill could be absorbed within existing resources.This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either within or outside of the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 329 Real Estate Commission LBB Staff: b > td > JMc, SZ, LCO, MBO, MB, MPUK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 30, 2021
TO: Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2376 by Kuempel (relating to the repeal of the real estate inspection recovery fund.), Committee Report 1st House, Substituted
TO: Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2376 by Kuempel (relating to the repeal of the real estate inspection recovery fund.), Committee Report 1st House, Substituted
Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures
Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2376 by Kuempel (relating to the repeal of the real estate inspection recovery fund.), Committee Report 1st House, Substituted
HB2376 by Kuempel (relating to the repeal of the real estate inspection recovery fund.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
Based on information provided by the Texas Real Estate Commission and the Comptroller of Public Accounts, any costs associated with the implementation of the bill could be absorbed within existing resources.This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either within or outside of the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 329 Real Estate Commission
304 Comptroller of Public Accounts, 329 Real Estate Commission
LBB Staff: b > td > JMc, SZ, LCO, MBO, MB, MPUK
JMc, SZ, LCO, MBO, MB, MPUK