LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 26, 2023 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2091 by West (Relating to the authority of a taxing unit to sell certain seized or foreclosed property to an owner of an abutting property without conducting a public sale.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Chapter 34 of the Tax Code, relating to Tax Sales and Redemption, to authorize a taxing unit to sell seized or foreclosed property that is in a flood plain, floodway, land-locked without access, or too small to meet zoning or development ordinances to an owner of an abutting property without conducting a public sale provided it does not violate Section 52, Article III, of the Texas Constitution.The bill would allow a taxing unit that requested a tax warrant or order of sale for real property to sell the property without the consent of any taxing unit entitled to receive proceeds of the sale.The bill would make conforming changes. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 329 Real Estate Commission LBB Staff: b > td > JMc, AF, SD, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
March 26, 2023
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2091 by West (Relating to the authority of a taxing unit to sell certain seized or foreclosed property to an owner of an abutting property without conducting a public sale.), As Introduced
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB2091 by West (Relating to the authority of a taxing unit to sell certain seized or foreclosed property to an owner of an abutting property without conducting a public sale.), As Introduced
Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB2091 by West (Relating to the authority of a taxing unit to sell certain seized or foreclosed property to an owner of an abutting property without conducting a public sale.), As Introduced
SB2091 by West (Relating to the authority of a taxing unit to sell certain seized or foreclosed property to an owner of an abutting property without conducting a public sale.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapter 34 of the Tax Code, relating to Tax Sales and Redemption, to authorize a taxing unit to sell seized or foreclosed property that is in a flood plain, floodway, land-locked without access, or too small to meet zoning or development ordinances to an owner of an abutting property without conducting a public sale provided it does not violate Section 52, Article III, of the Texas Constitution.The bill would allow a taxing unit that requested a tax warrant or order of sale for real property to sell the property without the consent of any taxing unit entitled to receive proceeds of the sale.The bill would make conforming changes.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 329 Real Estate Commission
304 Comptroller of Public Accounts, 329 Real Estate Commission
LBB Staff: b > td > JMc, AF, SD, BRI
JMc, AF, SD, BRI