Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4531 by Bhojani (Relating to status of certain documents or instruments purporting to convey title to or an interest in real property.), As Introduced
The fiscal implications of the bill cannot be determined due to lack of case-level data.
The bill would create a new filing mechanism for an owner of real property to challenge certain fraudulent conveyances of real property and would prohibit district clerks from collecting a filing fee connected to the motion for action on a fraudulent conveyance.
The Office of Court Administration indicates that any fiscal impact on the state court system cannot be determined due to lack of case-level data.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council