Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3367 by Turner, Chris (Relating to the powers and duties of property owners' associations; authorizing a fee.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Property Code relating to the powers and duties of property owners' associations. This analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Admin, 304 Comptroller of Public Accounts, 329 Real Estate Commission