LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 10, 2015 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1452 by Bettencourt (relating to the power of a commissioners court to authorize ad valorem tax sales of real property to be conducted by means of online auctions.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend the Tax Code to permit a commissioners court of a county to authorize and adopt rules to govern an officer charged with selling property to conduct a public auction using online bidding and sale. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 10, 2015
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1452 by Bettencourt (relating to the power of a commissioners court to authorize ad valorem tax sales of real property to be conducted by means of online auctions.), Committee Report 1st House, Substituted
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1452 by Bettencourt (relating to the power of a commissioners court to authorize ad valorem tax sales of real property to be conducted by means of online auctions.), Committee Report 1st House, Substituted
Honorable Jane Nelson, Chair, Senate Committee on Finance
Honorable Jane Nelson, Chair, Senate Committee on Finance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1452 by Bettencourt (relating to the power of a commissioners court to authorize ad valorem tax sales of real property to be conducted by means of online auctions.), Committee Report 1st House, Substituted
SB1452 by Bettencourt (relating to the power of a commissioners court to authorize ad valorem tax sales of real property to be conducted by means of online auctions.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Tax Code to permit a commissioners court of a county to authorize and adopt rules to govern an officer charged with selling property to conduct a public auction using online bidding and sale.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KK, EK
UP, KK, EK