HB 3663

85(R) - 2017
House Agriculture & Livestock
House Agriculture & Livestock
Mortgages & Liens  

Vote Recommendation

  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral


DeWayne Burns

Bill Caption

Relating to marketing contracts and agricultural liens.

Fiscal Notes

No fiscal implication to the State is anticipated.

Bill Analysis

Under current law, certain perfected agricultural liens have priority over a conflicting security interest on another lien that favors a third party. HB 3663 would clarify the applicability of this provision so as not to affect the validity or priority of an interest or lien made directly with the producer, a cotton ginner's lien, and certain contract purchasers.

Vote Recommendation Notes

HB 3663 neither uplifts nor offends our liberty principles, therefore we remain neutral.