LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 77th Regular Session
March 21, 2001
TO: Honorable Senfronia Thompson, Chair, House Committee on
Judicial Affairs
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB898 by Thompson (Relating to the administration of
certain property of incapacitated persons, wards, and
former wards.), Committee Report 1st House, Substituted
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* No fiscal implication to the State is anticipated. *
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The bill would amend the Texas Probate Code to provide that when a minor
has an interest in real or personal property and the net value of the
interest does not exceed $100,000 a natural or adoptive parent, or the
managing conservator, of a minor who is not a ward may apply to the
court for an order to sell the minor's interest in the property without
being appointed guardian.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 212 Office of Court Administration
LBB Staff: JK, TB, SS