LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

May 24, 2007

TO:	Honorable Tom Craddick, Speaker of the House, House of Representatives
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB3518 by Creighton (Relating to the extension of, addition to, or modification of existing restrictive covenants in certain residential subdivisions. ), As Passed 2nd House

No fiscal implication to the State is anticipated.

The bill would take effect only if Senate Bill 979, Eightieth Legislature, Regular Session, 2007, does not become law; otherwise, the bill would have no affect.

Residential subdivisions are not a governmental entity; therefore, provisions of the bill would have no fiscal impact to the state or to units of local government.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, JRO, DB