LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 29, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1368 by Creighton (Relating to the limitations periods for certain suits against real estate appraisers and appraisal firms.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Chapter 16 of the Civil Practices and Remedies Code by limiting periods for which certain suits against real estate appraisers and appraisal firms can be made. According to the Office of the Attorney General, it is anticipated that any work resulting from the passage of this bill could reasonably be absorbed within current resources. According to the Real Estate Commission, no fiscal implication to the State is anticipated. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General, 329 Real Estate Commission LBB Staff: b > td > JMc, SZ, LCO, HGR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 29, 2021
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1368 by Creighton (Relating to the limitations periods for certain suits against real estate appraisers and appraisal firms.), As Introduced
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1368 by Creighton (Relating to the limitations periods for certain suits against real estate appraisers and appraisal firms.), As Introduced
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
SB1368 by Creighton (Relating to the limitations periods for certain suits against real estate appraisers and appraisal firms.), As Introduced
SB1368 by Creighton (Relating to the limitations periods for certain suits against real estate appraisers and appraisal firms.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 16 of the Civil Practices and Remedies Code by limiting periods for which certain suits against real estate appraisers and appraisal firms can be made. According to the Office of the Attorney General, it is anticipated that any work resulting from the passage of this bill could reasonably be absorbed within current resources. According to the Real Estate Commission, no fiscal implication to the State is anticipated.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 302 Office of the Attorney General, 329 Real Estate Commission
302 Office of the Attorney General, 329 Real Estate Commission
LBB Staff: b > td > JMc, SZ, LCO, HGR
JMc, SZ, LCO, HGR