Bill: HB 2832, 85(R) - 2017
Committee
House Business & Industry
Vote Recommendation
| Vote Recommendation |
Economic Freedom |
Property Rights |
Personal Responsibility |
Limited Government |
Individual Liberty |
| No |
Neutral |
Negative |
Neutral |
Negative |
Neutral |
Author(s)
Rene Oliveira
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 fiscal implication to the State is anticipated.
Bill Analysis
HB 2832 addresses issues related to property owners who have delinquent taxes and make an agreement for a property tax lender to pay the delinquent taxes. This bill would require a property owner who executes a contract with a property tax lender to send to any applicable mortgage servicer a notice of intent to enter into a contract with the property tax lender authorizing the lender to pay the delinquent taxes on the property.
Vote Recommendation Notes
HB 2832 grows government by adding a new requirement on property owners for the convenience of mortgage servicers. While this notice may be convenient and helpful to a mortgage servicer, it is not the proper role of state government to make this mandate. For these reasons we oppose HB 2832.
