LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 25, 2011

TO:	Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB366 by Orr (Relating to priority of payment relating to property owners' association assessments.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would amend the Property Code relating to assessments by a property owners' association which is not a governmental entity.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, AG, TP