LEGISLATIVE BUDGET BOARD
Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION


April 6, 2023

TO:	Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce

FROM:	Jerry McGinty, Director, Legislative Budget Board

IN RE:	SB1577 by Menéndez (relating to the Texas Real Estate Research Center, the Real Estate Research Advisory Committee, the Texas Real Estate Commission, and the Texas Appraiser Licensing and Certification Board.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Real Estate Commission and Texas A&M University System Office, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

329 Real Estate Commission, 710 Texas A&M University System Administrative and General Offices

LBB Staff:

JMc, SZ, SLee