Honorable Jim Keffer, Chair, House Committee on Energy Resources
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1240 by Duncan (Relating to the partition of mineral interests of a charitable trust.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the property code relating to the partition of mineral interests of a charitable trust. The bill would provide that a joint owner of a mineral interest also owned or claimed in part by a charitable trust may not successfully request partition. No fiscal impact to the state is anticipated.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council