LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION

April 5, 2021

TO:	Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB2621 by Murr (Relating to the limitation on the amount of a subcontractor's lien for labor or materials.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Property Code, Section 53.024, relating to the limitations on the amount of a subcontractor's lien for labor or materials.
 
According to the Office of the Attorney General, the costs associated with the provisions of the bill could be absorbed within current resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

302 Office of the Attorney General

LBB Staff:

JMc, SZ, LCO, HGR