LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION May 4, 2025 TO: Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB5642 by Garcia, Josey (Relating to the disclosure of information regarding a transfer on death deed in certain residential real property transactions.), As Introduced 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, KDw, DPE
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
May 4, 2025
TO: Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB5642 by Garcia, Josey (Relating to the disclosure of information regarding a transfer on death deed in certain residential real property transactions.), As Introduced
TO: Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB5642 by Garcia, Josey (Relating to the disclosure of information regarding a transfer on death deed in certain residential real property transactions.), As Introduced
Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence
Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB5642 by Garcia, Josey (Relating to the disclosure of information regarding a transfer on death deed in certain residential real property transactions.), As Introduced
HB5642 by Garcia, Josey (Relating to the disclosure of information regarding a transfer on death deed in certain residential real property transactions.), As Introduced
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, KDw, DPE
JMc, KDw, DPE