Texas 2023 88th Regular

Texas Senate Bill SB1979 Fiscal Note / Fiscal Note

Filed 04/26/2023

                    LEGISLATIVE BUDGET BOARD     Austin, Texas       FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION   Revision 1          April 26, 2023       TO: Honorable Bryan Hughes, Chair, Senate Committee on State Affairs     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: SB1979 by Hughes (Relating to requiring certain entities to report purchases of single-family homes.), As Introduced     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, SMAT, SLee, SZ

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
Revision 1
April 26, 2023

Revision 1 

Revision 1 

  TO: Honorable Bryan Hughes, Chair, Senate Committee on State Affairs     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: SB1979 by Hughes (Relating to requiring certain entities to report purchases of single-family homes.), As Introduced   

TO: Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1979 by Hughes (Relating to requiring certain entities to report purchases of single-family homes.), As Introduced

 Honorable Bryan Hughes, Chair, Senate Committee on State Affairs

 Honorable Bryan Hughes, Chair, Senate Committee on State Affairs

 Jerry McGinty, Director, Legislative Budget Board 

 Jerry McGinty, Director, Legislative Budget Board 

 SB1979 by Hughes (Relating to requiring certain entities to report purchases of single-family homes.), As Introduced 

 SB1979 by Hughes (Relating to requiring certain entities to report purchases of single-family homes.), As Introduced 



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, SMAT, SLee, SZ

JMc, SMAT, SLee, SZ