Honorable John T. Smithee, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3316 by Miller, Doug (Relating to the time for recording a durable power of attorney for certain real property transactions.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Estates Code to add that real property transactions would be voidable by any person if the durable power of attorney was not filed with the county clerk within 10 days after the date the real property transaction was filed. Based on the analysis of the Office of Court Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council