LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

May 11, 2005

TO:	Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB2266 by Baxter ( relating to the authority of municipalities to enact a requirement that establishes the sales price for certain housing units or residential lots.), Committee Report 2nd House, Substituted

No fiscal implication to the State is anticipated.

The bill would prohibit a municipality from adopting a requirement in any form that would establish a maximum sales price for a privately produced housing unit or residential building lot as a condition for granting a building permit. The bill provides exceptions to the applicability of this prohibition.

The bill would take effect September 1, 2005.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, JRO, WK, DLBa