LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 23, 2023 TO: Honorable Dan Patrick, Lieutenant Governor, Senate FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1979 by Hughes (Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.), As Passed 2nd House No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 329 Real Estate Commission, 710 Texas A&M University System Administrative and General Offices LBB Staff: b > td > JMc, SZ, LLO, SLee, SMAT LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 23, 2023 TO: Honorable Dan Patrick, Lieutenant Governor, Senate FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1979 by Hughes (Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.), As Passed 2nd House TO: Honorable Dan Patrick, Lieutenant Governor, Senate FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1979 by Hughes (Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.), As Passed 2nd House Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Dan Patrick, Lieutenant Governor, Senate Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1979 by Hughes (Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.), As Passed 2nd House SB1979 by Hughes (Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.), As Passed 2nd House No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 329 Real Estate Commission, 710 Texas A&M University System Administrative and General Offices 329 Real Estate Commission, 710 Texas A&M University System Administrative and General Offices LBB Staff: b > td > JMc, SZ, LLO, SLee, SMAT JMc, SZ, LLO, SLee, SMAT