Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2719 by Lucio III (Relating to indemnification clauses in commercial leases.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Property Code relating to indemnification clauses in commercial leases.
According to the Office of the Attorney General, any additional work resulting from 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.