This website will be unavailable from Thursday, May 30, 2024 at 6:00 p.m. through Monday, June 3, 2024 at 7:00 a.m. due to data center maintenance.
Amend CSHB 406 (House Committee Printing) by adding the
following appropriately numbered SECTION of the bill to read as
follows and renumbering subsequent SECTIONS of the bill
accordingly:
Sec. 34.021. DISTRIBUTION OF EXCESS PROCEEDS IN OTHER TAX
FORECLOSURE PROCEEDINGS. A person conducting a sale for the
foreclosure of a tax lien under Rule 736 of the Texas Rules of Civil
Procedure shall, within ten days of the sale, pay any excess
proceeds after payment of all amounts due all participants in the
sale to the clerk of the court that issued the order authorizing the
sale.
The excess proceeds from such a sale shall be handled
according to Sections 34.03 and 34.04 of the Tax Code.