LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 13, 2009

TO:	Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2526 by Anchia (Relating to the notice required regarding the application of certain residential rental payments.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Property Code and require a landlord to apply any funds received by the tenant first to the rent and then to any other charges owed by the tenant, unless the tenant directs otherwise. It is assumed that any costs associated with implementation of the bill would not be significant.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

302 Office of the Attorney General

LBB Staff:

JOB, JRO, JM