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