LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 77th Regular Session
May 8, 2001
TO: Honorable James E. "Pete" Laney, Speaker of the House,
House of Representatives
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB1245 by Goodman (Relating to the relationship between
separate and community property during a marriage.), As
Passed 2nd House
**************************************************************************
* No significant fiscal implication to the State is anticipated. *
**************************************************************************
The bill would provide for claims for economic contributions to a marital
estate which replaces current law which provides for claims for
enhancement in value due to financial contribution of community
property. Court resources currently accommodate these similar cases;
thus, claims under the new provisions could be reasonably accommodated
by existing resources.
Local Government Impact
No significant fiscal implication to units of local government is
anticipated.
Source Agencies:
LBB Staff: JK, TB, JC, AJ, DB