LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 6, 2021 TO: Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2998 by Smith (Relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Occupations Code relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission (TREC). Based on information provided by TREC, this analysis anticipates no fiscal implication to the State. Local Government ImpactNo 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 6, 2021 TO: Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2998 by Smith (Relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), As Introduced TO: Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2998 by Smith (Relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), As Introduced 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 HB2998 by Smith (Relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), As Introduced HB2998 by Smith (Relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Occupations Code relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission (TREC). Based on information provided by TREC, this analysis anticipates no fiscal implication to the State. Local Government Impact No 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