TO: | Honorable Bill Callegari, Chair, House Committee on Government Reform |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB300 by Ellis (Relating to the duration of judgment liens in favor of the state.), As Engrossed |
Under current law, all judgment liens must be refiled every 10 years. The bill would create an exception for judgment liens in favor of the state or state agencies. Although the bill would have no effect on state revenue, it would reduce the expense associated with refiling judgment liens every 10 years.
Source Agencies: | 302 Office of the Attorney General, 304 Comptroller of Public Accounts
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LBB Staff: | JOB, MN, SD, SJS, WP
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