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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 14, 2021
TO:
Honorable Nicole Collier, Chair, House Committee on Criminal Jurisprudence
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB978 by Metcalf (Relating to authorizing the comptroller to release a reported owner's unclaimed property to the owner's crime victim in certain circumstances.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 493 of the Government Code to require the Department of Criminal Justice to file a claim for unclaimed property on behalf of a victim of a criminal offense if the reported owner of the unclaimed property was finally convicted. The bill would also amend Section 74,501, Property Code, regarding unclaimed property and claims files with the Comptroller of Public Accounts, to authorize the Comptroller's office to release a reported owner's unclaimed property to the owner's crime victim. Based on the analysis of the Comptroller, the bill could result in an increase in approved unclaimed property claims; however, the amount of the increase is indeterminate. It is assumed that any costs associated with the bill's provisions could be absorbed using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 696 Department of Criminal Justice