Bill

HB 3969

85(R) - 2017
House Agriculture & Livestock
Read Bill & Check Bill Status
House Agriculture & Livestock
Agriculture
Mortgages & Liens  

Vote Recommendation

Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral

Author(s)

Ken King

Bill Caption

Relating to a study regarding the feasibility of implementing a central filing system for the filing of financing statements for agricultural liens.

Fiscal Notes

No significant fiscal implication to the State is anticipated.

Bill Analysis

HB 3969 would require the Secretary of State to conduct a study on the feasibility of implementing a central filing system to be used for all financing statements that cover farm products subject to an agricultural lien. Results and recommendations would be reported to the legislature by January 8, 2019.

Vote Recommendation Notes

HB 3969 neither uplifts nor offends our liberty principles, therefore we remain neutral.

Organizations Supporting

Independent Bankers Association of Texas
Texas Bankers Association
Texas Cattle Feeders Association