TO: | Honorable Burt R. Solomons, Chair, House Committee on State Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB1109 by Anchia (Relating to late fees under a residential lease.), As Introduced |
The bill would amend the Property Code to clarify that a landlord may not impose a late fee until the rent has remained unpaid one full day after the date it was due. It is assumed that any additional costs associated with the implementation of the bill could be absorbed within existing state resources.
Source Agencies: | 302 Office of the Attorney General
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LBB Staff: | JOB, KJG, JM
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