Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1222 by Zaffirini (relating to regulation of appraisers and the duties of the Texas Appraiser Licensing and Certification Board.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
Based on the analysis of the Real Estate Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
It is assumed that any fiscal impact to units of local government associated with enforcement, prosecution, supervision, or confinement relating to the criminal penalty of misrepresenting qualifications would not be significant.