TO: | Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB1465 by Paxton (Relating to the joinder of a tax lien transferee in a suit to collect a delinquent ad valorem tax.), As Engrossed |
The bill would amend Chapters 32 and 33 of the Tax Code, regarding property tax deliquency and liens.
The bill would require the joinder of transferees of tax liens when taxing units sue to foreclose a tax lien on real property. The bill would also affect the duties and rights of tax lien transferees in such suits.
The bill would not affect the amount of ad valorem taxes due or the timing of their collection.
The bill would be effective September 1, 2009.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, MN, SD, SJS
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