Honorable Pete Flores, Chair, Senate Committee on Criminal Justice
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB2611 by West (relating to the status of certain documents or instruments
concerning real or personal property; creating the criminal
offenses of real property theft and real property fraud and
establishing a statute of limitations for those offenses;
harmonizing other statute of limitations provisions; increasing a
criminal penalty.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would create felony offenses relating to the theft of and fraudulent acquisition of real property and would increase the penalty for the offense of fraudulent filing of a materially false or groundless financial statement up to a third degree felony in certain circumstances.
The bill would provide for restitution to be paid by a defendant convicted of real property theft in certain circumstances.
The Office of Court Administration indicates that the bill's requirements would be addressed with existing resources. It is assumed that any fiscal impact and any impact on state correctional populations or on the demand for state correctional resources would not be significant.
Local Government Impact
It is assumed that any fiscal impact to units of local government associated with enforcement, prosecution, supervision, or confinement would not be significant.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council, 304 Comptroller of Public Accounts