LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 9, 1995 TO: Honorable Tom Craddick, Chair IN RE: House Bill No. 2596 Committee on Ways & Means By: Harris, Jack House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 2596 (Relating to a requirement that a taxing unit that seeks to collect delinquent ad valorem taxes elect between filing suit to foreclose the lien securing payment of the taxes and filing suit to enforce personal liability for the taxes.) this office has determined the following: The bill would require a taxing unit's delinquent tax lawsuit to either foreclose the lien or to enforce the personal liability for the tax but it could not seek both remedies. The bill would extinguish a delinquent taxpayer's liability if the property is sold, regardless if the sale amount is less than the judgment amount. The bill would be effective on the date of the passage of a constitutional amendment authorizing this change, such as House Joint Resolution No. 106. No fiscal implication to the State is anticipated. The fiscal implication to units of local government cannot be determined. Source: Comptroller of Public Accounts LBB Staff: JK, BR, DF