LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 9, 2009 TO: Honorable Steve Ogden, Chair, Senate Committee on Finance 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 Engrossed 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
May 9, 2009
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance 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 Engrossed
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance
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 Engrossed
Honorable Steve Ogden, Chair, Senate Committee on Finance
Honorable Steve Ogden, Chair, Senate Committee on Finance
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 Engrossed
HB1407 by Geren (Relating to the redemption of real property sold at an ad valorem tax sale.), As Engrossed
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