Honorable Todd Hunter, Chair, House Committee on State Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2788 by Jetton (Relating to the purchase of or acquisition of title to real property by certain aliens or foreign entities; creating a criminal offense.), As Introduced
The bill would create a state jail felony offense for certain foreign individuals to intentionally or knowingly purchase or otherwise acquire title to real property in Texas.
Creating a new criminal offense may result in an increase in demands upon state and local correctional resources due to a possible increase in the number of individuals placed under supervision in the community or sentenced to a term of confinement.
The impact on state correctional populations or on the demand for state correctional resources cannot be determined due to a lack of data to estimate the prevalence of conduct outlined in the bill's provisions that would be subject to criminal penalties.