Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB613 by Springer (Relating to certain sales or purported sales of homestead property that are classified as loans.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill amends the Property Code relating to certain sales or purported sales of homestead property that are classified as loans.
According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be absorbed within current resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.