HB 1936

84(R) - 2015
House Business & Industry
House Business & Industry
Business, Industry, & Commerce

Vote Recommendation

  • Negative
  • Negative
  • Neutral
  • Negative
  • Neutral


Rene Oliveira


Charles Anderson
Dan Flynn

Bill Caption

Relating to notice by a property owner to a mortgage servicer that the owner intends to enter into a contract with a property tax lender.

Fiscal Notes

No significant fiscal impact to the State or local governments is expected.

Bill Analysis

HB 1936 amends the Tax Code to require a property owner, not later than the 10th day before the date the property owner executes a contract with a transferee authorizing the transferee to pay delinquent property taxes on the property, to send by certified mail to any applicable mortgage servicer a notice that the property owner intends to enter into the contract. 

Vote Recommendation Notes

HB 1936 seeks to close a market solution that provides Texas property owners a reasonable and cost-effective channel to solve their tax obligation. HB 1936 would restrict and delay access to tax lien transfers that help Texans from foreclosing on their property. With interest rates rising substantially faster than annual incomes it is important for the legislature to protect the Texans who are attempting to rectify their tax debt and maintain their property. We are opposed to this legislation.