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 ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** 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