LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 30, 2009 TO: Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3767 by Paxton (relating to homestead property transferred to a trustee of certain trusts.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would define requirements relating to homestead property in a qualifying trust. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, MN, SJS LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 30, 2009 TO: Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3767 by Paxton (relating to homestead property transferred to a trustee of certain trusts.), Committee Report 1st House, Substituted TO: Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB3767 by Paxton (relating to homestead property transferred to a trustee of certain trusts.), Committee Report 1st House, Substituted Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB3767 by Paxton (relating to homestead property transferred to a trustee of certain trusts.), Committee Report 1st House, Substituted HB3767 by Paxton (relating to homestead property transferred to a trustee of certain trusts.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would define requirements relating to homestead property in a qualifying trust. The bill would define requirements relating to homestead property in a qualifying trust. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, MN, SJS JOB, MN, SJS