LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 3, 2013 TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1240 by Duncan (Relating to the partition of mineral interests of a charitable trust.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend the property code relating to the partition of mineral interests of a charitable trust. The bill would provide that a joint owner of a mineral interest also owned or claimed in part by a charitable trust may not successfully request partition. No fiscal impact to the state is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council LBB Staff: UP, CL, SJS, SZ, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
May 3, 2013
TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1240 by Duncan (Relating to the partition of mineral interests of a charitable trust.), As Engrossed
TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1240 by Duncan (Relating to the partition of mineral interests of a charitable trust.), As Engrossed
Honorable Jim Keffer, Chair, House Committee on Energy Resources
Honorable Jim Keffer, Chair, House Committee on Energy Resources
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1240 by Duncan (Relating to the partition of mineral interests of a charitable trust.), As Engrossed
SB1240 by Duncan (Relating to the partition of mineral interests of a charitable trust.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the property code relating to the partition of mineral interests of a charitable trust. The bill would provide that a joint owner of a mineral interest also owned or claimed in part by a charitable trust may not successfully request partition. No fiscal impact to the state is anticipated.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 212 Office of Court Administration, Texas Judicial Council
212 Office of Court Administration, Texas Judicial Council
LBB Staff: UP, CL, SJS, SZ, SD
UP, CL, SJS, SZ, SD