Enrolled Bill Summary

House Bill 1463 amends the Natural Resources Code to clarify that tax foreclosure property sold by the School Land Board is free of delinquent tax liens, that the purchaser of the land has clear title to the property subject only to the previous owner's right of redemption and any preexisting covenants or easements, and that the board is not required to pay any sale proceeds to taxing entities involved in the delinquent tax suit.