LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 18, 2025 TO: Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB711 by Hughes (Relating to property owners' associations, including condominium unit owners' associations.), As Introduced No 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 fiscal implication to units of local government is anticipated. Source Agencies: b > td > 329 Real Estate Commission LBB Staff: b > td > JMc, KDw, GDZ, DPE
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 18, 2025
TO: Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB711 by Hughes (Relating to property owners' associations, including condominium unit owners' associations.), As Introduced
TO: Honorable Bryan Hughes, Chair, Senate Committee on Jurisprudence
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB711 by Hughes (Relating to property owners' associations, including condominium unit owners' associations.), As Introduced
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
SB711 by Hughes (Relating to property owners' associations, including condominium unit owners' associations.), As Introduced
SB711 by Hughes (Relating to property owners' associations, including condominium unit owners' associations.), As Introduced
No fiscal implication to the State is anticipated.
No 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 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, GDZ, DPE
JMc, KDw, GDZ, DPE