LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION Revision 1 April 23, 2021 TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3367 by Turner, Chris (relating to the powers and duties of certain property owners associations.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Property Code relating to the powers and duties of certain property owners' associations. This analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Admin, 304 Comptroller of Public Accounts, 329 Real Estate Commission LBB Staff: b > td > JMc, SZ, MB, MPUK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION Revision 1 April 23, 2021 Revision 1 Revision 1 TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3367 by Turner, Chris (relating to the powers and duties of certain property owners associations.), Committee Report 1st House, Substituted TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3367 by Turner, Chris (relating to the powers and duties of certain property owners associations.), 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 HB3367 by Turner, Chris (relating to the powers and duties of certain property owners associations.), Committee Report 1st House, Substituted HB3367 by Turner, Chris (relating to the powers and duties of certain property owners associations.), Committee Report 1st House, Substituted 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 relating to the powers and duties of certain property owners' associations. This analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Admin, 304 Comptroller of Public Accounts, 329 Real Estate Commission 212 Office of Court Admin, 304 Comptroller of Public Accounts, 329 Real Estate Commission LBB Staff: b > td > JMc, SZ, MB, MPUK JMc, SZ, MB, MPUK