LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
May 3, 2021

TO:
Honorable Chris Turner, Chair, House Committee on Business & Industry
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
SB1588 by Hughes (Relating to the powers and duties of certain property owners' associations.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Property Code relating to the powers and duties of certain 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, 454 Department of Insurance
LBB Staff:
JMc, SZ, MB, MPUK