LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 23, 2023 TO: Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1668 by Hughes (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, KDw, SLee, SZ LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 23, 2023 TO: Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1668 by Hughes (relating to property owners' associations, including condominium owners' associations.), Committee Report 1st House, Substituted TO: Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1668 by Hughes (relating to property owners' associations, including condominium owners' associations.), Committee Report 1st House, Substituted Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1668 by Hughes (relating to property owners' associations, including condominium owners' associations.), Committee Report 1st House, Substituted SB1668 by Hughes (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, KDw, SLee, SZ JMc, KDw, SLee, SZ