LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 13, 2003

TO:	Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB949 by Lindsay (Relating to the operation of property owners' associations; providing an administrative penalty.), As Introduced

No fiscal implication to the State is anticipated.

The bill would affect the operations of property owners' associations, which are not political subdivisions.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:
LBB Staff:	JK, DLBa