Honorable Tryon D. Lewis, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2978 by Parker (Relating to notice of sale in connection with an expedited judicial foreclosure of a contract lien on real property.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the property code relating to an expedited judicial foreclosure of a contract lien on real property, so that citation issued to the debtor who is a respondent in the expedited order satisfies the requirement for notice of sale and is considered completed when service of process is done properly.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council