SRC-SLL S.B. 948 75(R)   BILL ANALYSIS


Senate Research Center   S.B. 948
By: Patterson
Jurisprudence
3-27-97
As Filed


DIGEST 

Currently, the Texas Constitution provides that property of a delinquent
taxpayer is liable to seizure and sale for the payment of all the taxes
and penalties due, under such regulations as the legislature may provide.
This bill will provide that if property is sold under certain sections of
the Tax Code, certain taxpayer liabilities are extinguished regardless of
whether the sale proceeds are sufficient to satisfy the judgment. 

PURPOSE

As proposed, S.B. 948 provides that if property is sold under certain
sections of the Tax Code, certain taxpayer liabilities are extinguished
regardless of whether the sale proceeds are sufficient to satisfy the
judgment. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 34.01, Tax Code, by adding Subsection (f), to
provide that if property is sold under Subsection (a), certain liabilities
of a taxpayer are extinguished regardless of whether the sale proceeds are
sufficient to satisfy the judgment. 

SECTION 2. Amends Section 34.05, Tax Code, by adding Subsection (h), to
provide that if property is sold under this section, certain liabilities
of a taxpayer are extinguished regardless of whether the sale proceeds are
sufficient to satisfy the judgment. 

SECTION 3. Makes application of this Act prospective.

SECTION 4. Effective date: pending voter approval.

SECTION 5. Emergency clause.