TO: | Honorable Kevin Bailey, Chair, House Committee on Urban Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2050 by Farabee (Relating to the registration of a manufactured home community with the Texas Department of Housing and Community Affairs.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | $140,000 |
2009 | $140,000 |
2010 | $140,000 |
2011 | $140,000 |
2012 | $140,000 |
Fiscal Year | Probable Revenue Gain/(Loss) from GENERAL REVENUE FUND 1 |
---|---|
2008 | $140,000 |
2009 | $140,000 |
2010 | $140,000 |
2011 | $140,000 |
2012 | $140,000 |
The bill would amend the Property Code to provide the Texas Department of Housing and Community Affairs (TDHCA) the authority to register manufactured home communities and the authority to collect fees for this registration.
The bill would take effect immediately if it were to receive a vote of two-thirds of all members elected to each house; otherwise, the bill would take effect September 1, 2007.
Based on information provided by TDHCA, it is assumed that there are 700 manufactured home communities in the state. The bill would require a $200 annual registration fee; therefore, this analysis assumes that there would be an additional $140,000 in fee-generated revenue deposited into the General Revenue Fund each fiscal year.
Based on information provided by TDHCA, it is assumed that costs related to the duties and responsibilities associated with implementing the provisions of the bill could be covered by utilizing existing resources.
Source Agencies: | 304 Comptroller of Public Accounts, 332 Department of Housing and Community Affairs
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LBB Staff: | JOB, DB, MW, AH
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