Bill: SB 2150, 85(R) - 2017

Committee

Senate State Affairs

2nd Chamber Committee

House Judiciary & Civil Jurisprudence

Companion Bill

HB 3121

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral Neutral

Author(s)

Joan Huffman

Sponsor(s)

Jessica Farrar

Bill Caption

Relating to a revocable deed that transfers real property at the transferor's death.

Fiscal Notes

No significant fiscal implication to the State is anticipated.

Bill Analysis

SB 2150 would make procedural changes to the lapse of the share of a designated beneficiary who predeceases the testator. The optional form for transfer on death deed would be updated to further detail the procedures if one surviving beneficiary exists, no surviving primary beneficiary exists, and no surviving alternate beneficiary exists after the death of the transferor.  

Vote Recommendation Notes

Due to the procedural nature of this bill, SB 2150 does not appear to have a connection to our liberty principles, and we remain neutral.  

Source URL (retrieved on 03/28/2024 03:03 PM): http://reports.texasaction.com/bill/85r/sb2150?print_view=true