Honorable Oscar Longoria, Chair, House Committee on Business & Industry
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4301 by Schofield (relating to certain deadlines and other timing factors affecting mechanic’s, contractor’s, or materialman’s liens.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Property Code relating to deadlines and time of inception for mechanic's and materialman's liens.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.