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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 19, 2021
TO:
Honorable Dade Phelan, Speaker of the House, House of Representatives
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 Passed 2nd House
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.