LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 23, 1997 TO: Honorable Tom Craddick, Chair IN RE: House Bill No. 2622 Committee on Ways & Means By: Heflin House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB2622 ( Relating to liability for postjudgment taxes, penalties, and interest in a suit to collect a delinquent ad valorem tax.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB2622-As Introduced No fiscal implication to the State is anticipated. The bill adds additional items for inclusion in a petition by a taxing unit initiating a suit to collect delinquent property taxes. To the extent that local taxing units are currently not recovering taxes, penalties, and interest that accrue after a judgment ordering foreclosure of a tax lien, there would be a gain to local governments. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,RR ,BR