LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 8, 2019

TO:	Honorable Trey Martinez Fischer, Chair, House Committee on Business & Industry
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB3815 by Morrison (Relating to requiring notices of property located in floodplains, flood pools, or reservoirs to be provided by sellers of real property and on subdivision plats.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Local Government Code to require certain additional information on plats and by sellers of real estate regarding areas of properties that could lie in flood plains, flood pools, or reservoirs.  The bill would specify the format of these real estate disclosures.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

WP, CLo, SD, GP