LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 13, 2025 TO: Honorable Dade Phelan, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2349 by Darby (relating to exempting certain transactions from regulation by the Texas Real Estate Commission.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The Texas Real Estate Commission is a self-directed, semi-independent agency that is responsible for its costs of operations, prohibited from causing the General Revenue Fund to incur any cost, and not subject to the legislative budgeting process. 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, TUf, GDZ, DPE, RStu
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 13, 2025
TO: Honorable Dade Phelan, Chair, House Committee on Licensing & Administrative Procedures FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2349 by Darby (relating to exempting certain transactions from regulation by the Texas Real Estate Commission.), Committee Report 1st House, Substituted
TO: Honorable Dade Phelan, Chair, House Committee on Licensing & Administrative Procedures
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2349 by Darby (relating to exempting certain transactions from regulation by the Texas Real Estate Commission.), Committee Report 1st House, Substituted
Honorable Dade Phelan, Chair, House Committee on Licensing & Administrative Procedures
Honorable Dade Phelan, Chair, House Committee on Licensing & Administrative Procedures
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2349 by Darby (relating to exempting certain transactions from regulation by the Texas Real Estate Commission.), Committee Report 1st House, Substituted
HB2349 by Darby (relating to exempting certain transactions from regulation by the Texas Real Estate Commission.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The Texas Real Estate Commission is a self-directed, semi-independent agency that is responsible for its costs of operations, prohibited from causing the General Revenue Fund to incur any cost, and not subject to the legislative budgeting process.
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, TUf, GDZ, DPE, RStu
JMc, TUf, GDZ, DPE, RStu