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Relating to the authority of an owner of real property sold at a tax
sale to transfer the owner’s right of redemption to another person.
No fiscal impact to the state is anticipated.
SB 1642 would prohibit an owner of a homestead sold at a tax sale from transferring to another person their right of redemption for that property. Any instrument that attempts to transfer this right would be void.
Texas Action is neutral on SB 1642 because it does not affect our liberty principles.