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.), As Introduced |
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 Comptroller may also approve an unclaimed property claim to the Attorney General on behalf of the lien holder. Payment may not exceed the amount of arrearages owed to the lien holder. The amount of additional claims submitted to the Comptroller should not be significant and would be able to be absorbed into current appropriations.
Source Agencies: | 302 Office of the Attorney General, 304 Comptroller of Public Accounts
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LBB Staff: | JOB, LB, MS, JM
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