JH H.B. 2056 75(R)BILL ANALYSIS


URBAN AFFAIRS
H.B. 2056
By: Hill
3-27-97
Committee Report (Unamended)



BACKGROUND 

Chapter 34 of the Tax Code is entitled Tax Sales and Redemption.  It
contains the procedures for the sale of property following foreclosure of
a tax lien.  Section 34.06 contains the provisions regarding the
distribution of proceeds following the resale of property purchase by a
taxing unit at a tax foreclosure sale.  It requires the purchasing taxing
unit to pay court costs and expenses and to distribute the remaining
proceeds to other participating taxing units in satisfaction of taxes,
penalties, and interests. 

PURPOSE

This legislation would entitle a taxing unit purchasing foreclosed
property to recover expenses incurred relating to environmental concerns.

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any
additional rulemaking authority to a state officer, department, agency or
institution. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Adds Tax Code Section 34.06(c) to entitle a purchasing taxing
unit to recover from             proceeds of the resale of foreclosed
property expenses incurred by the taxing unit              for purposes of
determining whether there may be a release of solid waste from the
property, and taking remedial action, regardless of whether legally
required and             regardless of consent from other taxing units. 

SECTION 2.  Emergency clause.