LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
March 8, 2005

TO:
Honorable Carlos Uresti, Chair, House Committee on Government Reform
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB81 by Riddle (Relating to release by the comptroller of unclaimed property subject to a child support lien. ), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend Section 74.501, Property Code, by amending Subsection (e) and adding Subsection (f) which would allow the Comptroller to approve an unclaimed property claim to the holder of a lien for child support owed against the reported owner of the unclaimed property. The child suport lien notice must comply with the appropriate guidelines set forth in the Family Code. The claim may be submitted by the lienholder or the Attorney General on behalf of the lienholder.  The amount of additional claims submitted to the Comptroller should not be significant and would be able to be absorbed into current appropriations.


Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
302 Office of the Attorney General, 304 Comptroller of Public Accounts
LBB Staff:
JOB, WP, LB, MS, JM