LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 3, 1995
TO: Honorable Ken Armbrister, Chair IN RE: Senate BillNo. 1387
Committee on State Affairs By: Wentworth
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
1387 (Relating to the transfer and enforceability of tax liens.)
this office has determined the following:
The bill would amend the provisions for the transfer of a tax
lien by a property owner to another person to pay the taxes
imposed on real property. The bill would address the contract
arrangements between private entities.
No fiscal implication to the State or units of local government
is anticipated.
Source: Comptroller of Public Accounts
LBB Staff: JK, BR, DF