LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 30, 2009

TO:	Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB3767 by Paxton (relating to homestead property transferred to a trustee of certain trusts.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would define requirements relating to homestead property in a qualifying trust.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, MN, SJS