Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
SJR19 by Jackson (Proposing a constitutional amendment permitting an encumbrance to be fixed on homestead property for an obligation to pay certain property owners' association fees and fines without permitting the forced sale of the homestead.), As Introduced
No fiscal implication to the State is anticipated, other than the cost of publication.
The cost to the state for publication of the resolution is $105,495.
The resolution proposes a constitutional amendment to Section 50, Article XVI of the Texas Constitution to authorize a fixed encumbrance on a homestead property for an obligation to pay certain property owners’ association fees and fines without permitting the forced sale of the homestead.
The proposed amendment would be submitted to voters at an election to be held November 8, 2011.
Local Government Impact
There would be a fiscal impact to local governments associated with an election; however, those costs would vary by locality and are not anticipated to be significant.
Based on costs reported to the Secretary of State (SOS) in 2010 by a sampling of counties, municipalities, and special districts, the average cost incurred by a local governmental entity for an election is $1.98 per registered voter.