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House Bill 1363 |
House Author: Kuempel |
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Effective: 9-1-23 |
Senate Sponsor: Zaffirini |
House Bill 1363 repeals Occupations Code provisions establishing the real estate inspection recovery fund and amends the Occupations Code to redirect the deposit of administrative penalties collected for real estate inspector violations to the general revenue fund for purposes of offsetting any amount required to be remitted to the general revenue fund by the Texas Real Estate Commission (TREC). The bill directs TREC to take certain actions with respect to the allocation of money remaining in the real estate inspection recovery fund.