LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 1, 2011 TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1036 by Williams (Relating to notice required in connection with possessory liens on motor vehicles.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Property Code to require the holder of a possessory lien on a self-storage facility to file a copy of the lien notice in a county tax assessor-collector's office and remit a $25 administrative fee to the county tax assessor-collector in the county in which the self-storage facility is located. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, KJG, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 1, 2011
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1036 by Williams (Relating to notice required in connection with possessory liens on motor vehicles.), As Introduced
TO: Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1036 by Williams (Relating to notice required in connection with possessory liens on motor vehicles.), As Introduced
Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB1036 by Williams (Relating to notice required in connection with possessory liens on motor vehicles.), As Introduced
SB1036 by Williams (Relating to notice required in connection with possessory liens on motor vehicles.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Property Code to require the holder of a possessory lien on a self-storage facility to file a copy of the lien notice in a county tax assessor-collector's office and remit a $25 administrative fee to the county tax assessor-collector in the county in which the self-storage facility is located.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JOB, KJG, TP
JOB, KJG, TP