LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 21, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3503 by Turner (relating to property owners' associations, including condominium owners' associations.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. Based on the analysis of the Real Estate Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 329 Real Estate Commission LBB Staff: b > td > JMc, SZ, SLee
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 21, 2023
TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3503 by Turner (relating to property owners' associations, including condominium owners' associations.), Committee Report 1st House, Substituted
TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3503 by Turner (relating to property owners' associations, including condominium owners' associations.), 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
HB3503 by Turner (relating to property owners' associations, including condominium owners' associations.), Committee Report 1st House, Substituted
HB3503 by Turner (relating to property owners' associations, including condominium 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.
Based on the analysis of the Real Estate Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No significant 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, SLee
JMc, SZ, SLee