LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session March 21, 1995 TO: Honorable Tom Craddick, Chair IN RE: House Bill No. 2625 Committee on Ways & Means By: Craddick House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 2625 (Relating to actions for the collection of ad valorem taxes and transfers of property in the course of collecting ad valorem taxes.) this office has determined the following: The bill would amend Section 31.06, Tax Code, which permits a taxpayer to pay taxes by conveying property to the taxing unit to which property taxes are due. Under current law this option applies only to property in a county having a population of 50,000 or less. This bill would expand this section to counties with a population of 300,000 or less. In addition, the bill would amend other Tax Code sections to provide that: Property sold to a taxing unit as a party to a judgment may be by either private or public sale; Tax liens for current year taxes are not affected, if not included in a judgment; Persons or taxing units purchasing property through a tax sale may take possession by a forcible entry and detainer action; The redemption period for property sold to a taxing unit begins on the date on which the deed to the taxing unit is filed for record; and Appraisal districts that collect for one or more units may file a delinquent tax suit in the appraisal district's name on behalf of the taxing units. 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