The Texas Real Estate Commission (TREC) proposes an amendment to §535.300, concerning Advertising by Residential Rental Locators. The amendment updates the telephone numbers of the Commission and the Standards and Enforcement Services Division that are listed in the required notice in publications where residential rental locators place advertisements.

Loretta R. DeHay, General Counsel, has determined that for the first five-year period the proposed amendment is effect there will be no fiscal implications for the state or for units of local government as a result of enforcing or administering the amended section. There is no anticipated significant impact on small businesses, micro-businesses or local or state employment as a result of implementing the amended section. There is no significant anticipated economic cost to persons who are required to comply with the proposed amendment.

Ms. DeHay also has determined that for each year of the first five years the amendment as proposed is in effect the public benefit anticipated as a result of enforcing the amended section will be consistency between the Rules and the Act.

Comments on the proposal may be submitted to Loretta R. DeHay, General Counsel, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188. The deadline for comments is 30 days after publication in the Texas Register.

The amendment is proposed under Texas Occupations Code, §1101.151, which authorizes TREC to adopt and enforce rules necessary to administer Chapters 1101 and 1102; and to establish standards of conduct and ethics for its licensees to fulfill the purposes of Chapters 1101 and 1102 and ensure compliance with Chapters 1101 and 1102.

The statute affected by this proposal is Texas Occupations Code, Chapter 1101. No other statute, code or article is affected by the proposed amendment.