LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
 
April 22, 2025

TO:
Honorable Ken King, Chair, House Committee on State Affairs
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB4211 by Noble (Relating to certain residential property interests controlled by certain entities.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would add a new chapter to the Property Code regulating residential property interests controlled by business entities. The bill would classify violations of the chapter as a deceptive trade practice.

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.


Source Agencies:
302 Office of the Attorney General
LBB Staff:
JMc, WP, LCO, JKe