LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 8, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1864 by Slawson (relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Property Code relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.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 LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 8, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1864 by Slawson (relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), Committee Report 1st House, Substituted TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1864 by Slawson (relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), Committee Report 1st House, Substituted 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 HB1864 by Slawson (relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), Committee Report 1st House, Substituted HB1864 by Slawson (relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), 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 beneficiaries of trust funds paid or received in connection with an improvement on specific real property.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 JMc, SZ, HGR