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LEGISLATIVE BUDGET BOARD
Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION


May 3, 2021

TO:	Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce

FROM:	Jerry McGinty, Director, Legislative Budget Board

IN RE:	HB531 by Walle (Relating to notice requirements for a leased dwelling located in a floodplain.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Property Code to require a landlord to provide certain notice for a leased dwelling located in a floodplain.

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:

LBB Staff:

JMc, SZ, DPE, CMA