LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 14, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB143 by Morales, Christina (Relating to restrictions on rent increases for self-service storage facilities.), As Introduced No fiscal implication to the State is anticipated. The bill amends the Property Code to provide that a lessor of a self-storage facility may not increase a tenant's rent before the first anniversary or unless there is written notice.According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be absorbed within current resources. Local Government ImpactNo 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, HGR, CMA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 14, 2023
TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB143 by Morales, Christina (Relating to restrictions on rent increases for self-service storage facilities.), As Introduced
TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB143 by Morales, Christina (Relating to restrictions on rent increases for self-service storage facilities.), As Introduced
Honorable Oscar Longoria, Chair, House Committee on Business & Industry
Honorable Oscar Longoria, Chair, House Committee on Business & Industry
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB143 by Morales, Christina (Relating to restrictions on rent increases for self-service storage facilities.), As Introduced
HB143 by Morales, Christina (Relating to restrictions on rent increases for self-service storage facilities.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill amends the Property Code to provide that a lessor of a self-storage facility may not increase a tenant's rent before the first anniversary or unless there is written notice.According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be absorbed within current resources.
Local Government Impact
No 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, HGR, CMA
JMc, SZ, HGR, CMA