LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 15, 2009 TO: Honorable Jeff Wentworth, Chair, Senate Committee on 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.), As Engrossed 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 May 15, 2009 TO: Honorable Jeff Wentworth, Chair, Senate Committee on 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.), As Engrossed TO: Honorable Jeff Wentworth, Chair, Senate Committee on 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.), As Engrossed Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence Honorable Jeff Wentworth, Chair, Senate Committee on 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.), As Engrossed HB3767 by Paxton (Relating to homestead property transferred to a trustee of certain trusts.), As Engrossed 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