LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 5, 2021 TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2621 by Murr (Relating to the limitation on the amount of a subcontractor's lien for labor or materials.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Property Code, Section 53.024, relating to the limitations on the amount of a subcontractor's lien for labor or materials. According to the Office of the Attorney General, the costs associated with the provisions of the bill could be absorbed within current resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General LBB Staff: b > td > JMc, SZ, LCO, HGR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 5, 2021
TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2621 by Murr (Relating to the limitation on the amount of a subcontractor's lien for labor or materials.), As Introduced
TO: Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2621 by Murr (Relating to the limitation on the amount of a subcontractor's lien for labor or materials.), As Introduced
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
HB2621 by Murr (Relating to the limitation on the amount of a subcontractor's lien for labor or materials.), As Introduced
HB2621 by Murr (Relating to the limitation on the amount of a subcontractor's lien for labor or materials.), 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, Section 53.024, relating to the limitations on the amount of a subcontractor's lien for labor or materials. According to the Office of the Attorney General, the costs associated with the provisions of the bill could be absorbed within current resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 302 Office of the Attorney General
302 Office of the Attorney General
LBB Staff: b > td > JMc, SZ, LCO, HGR
JMc, SZ, LCO, HGR