LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 14, 2019

TO:	Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	SB339 by Huffman (Relating to a seller’s disclosure notice for residential property regarding floodplains, flood pools, floodways, or reservoirs.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would amend the Property Code to require certain disclosures for residential property regarding floodplains, flood pools, floodways, or reservoirs and to specify the form of these disclosures.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

WP, CLo, SD, GP