LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 22, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce 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 Engrossed 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
May 22, 2021
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce 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 Engrossed
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
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 Engrossed
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
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 Engrossed
HB2998 by Smith (Relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), As Engrossed
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