LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 26, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1407 by Geren (Relating to the redemption of real property sold at an ad valorem tax sale.), As Introduced No significant fiscal implication to the State is anticipated. The bill would alter the requirements for the owner of real property sold at a tax sale to redeem the real property by paying the required amount to the assessor-collector for the county in which the property was sold. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, MN, SD, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 26, 2009
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1407 by Geren (Relating to the redemption of real property sold at an ad valorem tax sale.), As Introduced
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB1407 by Geren (Relating to the redemption of real property sold at an ad valorem tax sale.), As Introduced
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB1407 by Geren (Relating to the redemption of real property sold at an ad valorem tax sale.), As Introduced
HB1407 by Geren (Relating to the redemption of real property sold at an ad valorem tax sale.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would alter the requirements for the owner of real property sold at a tax sale to redeem the real property by paying the required amount to the assessor-collector for the county in which the property was sold.
The bill would alter the requirements for the owner of real property sold at a tax sale to redeem the real property by paying the required amount to the assessor-collector for the county in which the property was sold.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JOB, MN, SD, SJS
JOB, MN, SD, SJS