Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
SB1018 by Staples (Relating to the extension or modification of residential restrictive covenants.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would establish procedures that must be followed by a property owners' association regarding the extension or modification of residential restrictive covenants. Property owners' associations are not a government entity.
Local Government Impact
No fiscal implication to units of local government is anticipated.