LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 11, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2173 by Parker (Relating to the effect of a tax certificate accompanying a transfer of certain property.), As Introduced No fiscal implication to the State is anticipated. The bill would provide that a tax certificate that accompanies the transfer of property that erroneously indicates that no delinquent taxes, penalties, or interest are due because a residence homestead exemption was erroneously allowed and subsequently canceled, does not extinguish the tax lien if the chief appraiser or tax collector determine the transfer of property occurred between certain related individuals or entities. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, SZ, SD, BRI, KK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 11, 2025
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2173 by Parker (Relating to the effect of a tax certificate accompanying a transfer of certain property.), As Introduced
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB2173 by Parker (Relating to the effect of a tax certificate accompanying a transfer of certain property.), 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
SB2173 by Parker (Relating to the effect of a tax certificate accompanying a transfer of certain property.), As Introduced
SB2173 by Parker (Relating to the effect of a tax certificate accompanying a transfer of certain property.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would provide that a tax certificate that accompanies the transfer of property that erroneously indicates that no delinquent taxes, penalties, or interest are due because a residence homestead exemption was erroneously allowed and subsequently canceled, does not extinguish the tax lien if the chief appraiser or tax collector determine the transfer of property occurred between certain related individuals or entities.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, SZ, SD, BRI, KK
JMc, SZ, SD, BRI, KK