LEGISLATIVE BUDGET BOARD |
Austin, Texas |
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FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION |
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March 1, 2017 |
TO: | Honorable René Oliveira, Chair, House Committee on Business & Industry |
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FROM: | Ursula Parks, Director, Legislative Budget Board |
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IN RE: | HB923 by Shaheen (Relating to excessive property owners' association fines.), As Introduced |
No fiscal implication to the State is anticipated.
The bill would amend the Property Code to require fines assessed by property owners' associations be reasonable in the context of the violation.
Local Government Impact
No fiscal implication to units of local government is anticipated.
LBB Staff: |
UP, CL, GG, BM
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