Honorable Juan Hinojosa, Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2075 by Anchia (Relating to the operation of certain condominium unit owners' associations.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Property Code to provide requirements regarding the operation of certain condominium unit owners' associations which are not governmental entities.
The bill would require a county clerk to file a management certificate in the real property records of the county and index the document as a "Condominium Association Management Certificate."
Local Government Impact
No significant fiscal implication to units of local government is anticipated.