LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

May 16, 2007

TO:	Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2936 by Farrar (Relating to exempting certain community development corporations from the Texas Residential Construction Commission Act.), As Engrossed

No fiscal implication to the State is anticipated.

Based on the analysis of the Texas Residential Construction Commission, it is assumed the provisions of the bill would have no fiscal impact to the state.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

370 Residential Construction Commission

LBB Staff:

JOB, JRO, KJG, TG