LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION
 
March 15, 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 real property at an ad valorem tax sale and the right of redemption in connection with real property sold at a tax sale.), As Introduced

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 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