Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB1228 by Dutton (Relating to payment and collection of assessments and other charges owed to a property owners’ association and foreclosure of a property owners’ association assessment lien.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Property Code relating to property owners' associations.
The bill would require the Supreme Court of Texas to adopt rules establishing expedited foreclosure proceedings in cases in which a property owners' association seeks to foreclose an assessment lien.
According to the Office of Court Administration (OCA), the bill is not anticipated to cause an increase in the workload of the courts.
Local Government Impact
The bill would require a property owners’ association to file the association’s guidelines in each county in which a subdivision is located. It is assumed that any additional work required by counties could be absorbed with existing resources.