LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

May 2, 2011

TO:	Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	SB1235 by West (Relating to real property that is subject to restrictive covenants and the operation of property owners' associations of subdivisions that are subject to restrictive covenants.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Property Code relating to certain procedures, powers, and operations of property owners' associations which are not units of local governments; however, certain provisions grant courts specific authority in legal proceedings.
 
The bill would be effective January 1, 2012.

Local Government Impact

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

Source Agencies:

212 Office of Court Administration, Texas Judicial Council

LBB Staff:

JOB, KKR, TP, TB