Honorable Senfronia Thompson, Chair, House Committee on Licensing & Administrative Procedures
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2998 by Smith (relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend the Occupations Code relating to the requirement that certain business entities obtain a license from the Texas Real Estate Commission (TREC). Based on information provided by TREC, this analysis anticipates no fiscal implication to the State.
Local Government Impact
No fiscal implication to units of local government is anticipated.