LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

March 22, 2007

TO:	Honorable Fred Hill, Chair, House Committee on Local Government Ways & Means
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB1899 by England (Relating to the sale of certain real property at an ad valorem sale and to the right of redemption in connection with that real property. ), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would amend Sections 33.57 and 34.21 of the Tax Code to allow the aggregation of multiple tracts to be sold at a foreclosure sale when there are five or more years (currently 10 years) of delinquent taxes on a group of similarly situated parcels. The amendment would apply in cases where the delinquent parcels were in a municipality with a population of more than 100,000 situated in two or more counties, at least two of which have a population of more than one million and in a subdivision having an average lot size of one-tenth of an acre or more. 

 

The bill would allow aggregation after a court allowed the aggregated tracts to be sold in solido (together) to facilitate transfer.

 

Because the state is constitutionally prohibited from imposing a state property tax, there would be no direct fiscal impact on the state.

 

This bill would take effect September 1, 2007.

Local Government Impact

Passage of this bill would be purely local in impact and would facilitate the passage of title to property subject to delinquent taxes to local units for later sale to defray costs to the units.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

JOB, CT, SD, SJS