LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 2, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB841 by Hughes (Relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), As Introduced 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 significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General LBB Staff: b > td > JMc, RStu, LCO, JKe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 2, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB841 by Hughes (Relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), As Introduced TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB841 by Hughes (Relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), As Introduced Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB841 by Hughes (Relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), As Introduced SB841 by Hughes (Relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.), As Introduced 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 significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General 212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General LBB Staff: b > td > JMc, RStu, LCO, JKe JMc, RStu, LCO, JKe