LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 3, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1465 by Paxton (Relating to the joinder of a tax lien transferee in a suit to collect a delinquent ad valorem tax.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Chapters 32 and 33 of the Tax Code, regarding property tax deliquency and liens. The bill would require the joinder of transferees of tax liens when taxing units sue to foreclose a tax lien on real property. The bill would also affect the duties and rights of tax lien transferees in such suits. The bill would not affect the amount of ad valorem taxes due or the timing of their collection. The bill would be effective September 1, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, MN, SD, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 3, 2009
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1465 by Paxton (Relating to the joinder of a tax lien transferee in a suit to collect a delinquent ad valorem tax.), As Introduced
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB1465 by Paxton (Relating to the joinder of a tax lien transferee in a suit to collect a delinquent ad valorem tax.), 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
HB1465 by Paxton (Relating to the joinder of a tax lien transferee in a suit to collect a delinquent ad valorem tax.), As Introduced
HB1465 by Paxton (Relating to the joinder of a tax lien transferee in a suit to collect a delinquent ad valorem tax.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapters 32 and 33 of the Tax Code, regarding property tax deliquency and liens. The bill would require the joinder of transferees of tax liens when taxing units sue to foreclose a tax lien on real property. The bill would also affect the duties and rights of tax lien transferees in such suits. The bill would not affect the amount of ad valorem taxes due or the timing of their collection. The bill would be effective September 1, 2009.
The bill would amend Chapters 32 and 33 of the Tax Code, regarding property tax deliquency and liens.
The bill would require the joinder of transferees of tax liens when taxing units sue to foreclose a tax lien on real property. The bill would also affect the duties and rights of tax lien transferees in such suits.
The bill would not affect the amount of ad valorem taxes due or the timing of their collection.
The bill would be effective September 1, 2009.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, MN, SD, SJS
JOB, MN, SD, SJS