By: Lalani (Senate Sponsor - Miles) H.B. No. 4250

(In the Senate - Received from the House May 15, 2023; May 16, 2023, read first time and referred to Committee on Local Government; May 22, 2023, reported favorably by the following vote: Yeas 8, Nays 0; May 22, 2023, sent to printer.) Click here to see the committee vote

A BILL TO BE ENTITLED

AN ACT

relating to the right of the clerk of a court to deduct from the amount of the excess proceeds from an ad valorem tax sale of property the cost of postage for sending to the former owner of the property a notice of the owner's right to claim the proceeds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 34.03, Tax Code, is amended by adding Subsection (d) to read as follows:

(d) The clerk may deduct from the amount of the excess proceeds the cost of postage for sending to the former owner of the property a notice under Subsection (a)(1).

SECTION 2. This Act takes effect September 1, 2023.

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