LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session February 27, 1995 TO: Honorable Ken Armbrister, Chair IN RE: Committee Substitute Committee on State Affairs for Senate Senate Bill No. 460 Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 460 (Relating to license qualifications for certain inspectors regulated by the Texas Real Estate Commission.) this office has determined the following: The bill would permit persons to become licensed as real estate inspectors without being sponsored by a professional inspector or first obtaining a license as an apprentice inspector. The Real Estate Commission would anticipate receiving approximately 300 new applications per year beginning in fiscal year 1996. The bill's provisions could result in a revenue gain of approximately $20,000 per year to General Revenue-Consolidated. Additional workload could be absorbed within existing function without significant additional cost. No fiscal implication to units of local government is anticipated. Source: Real Estate Commission LBB Staff: JK, RM, DF