HB 4264

85(R) - 2017
House Business & Industry
House Business & Industry
Property Rights

Vote Recommendation

  • Positive
  • Positive
  • Positive
  • Positive
  • Neutral


Gary Elkins

Bill Caption

Relating to certain sales of homestead.

Fiscal Notes

No fiscal implication to the State is anticipated.

Bill Analysis

HB 4264 would repeal Section 41.006, Property Code, which considers it a deceptive trade practice to sell a homestead at below appraised fair market value and then lease it back to the seller.

Vote Recommendation Notes

By repealing regulation which restricts certain sales of homesteads, HB 4264 upholds our principles of limited government, property rights, personal responsibility, and free markets. For these reasons, we support this legislation.