SRC-JEC S.B. 256 77(R)BILL ANALYSIS


Senate Research CenterS.B. 256
By: Carona
Intergovernmental Relations
5/22/2001
Enrolled


DIGEST AND PURPOSE 

Currently, taxing units absorb many costs associated with delinquent tax
auctions or sales.  S.B. 256 allows taxing units to recover costs
associated with the resale of property bid off to the taxing unit at a tax
foreclosure sale. 

RULEMAKING AUTHORITY

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

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 34.21(g)(2), Tax Code, to redefine "costs."

SECTION 2.  Effective date:  upon passage or September 1, 2001.