HOUSE OF REPRESENTATIVES
NOTICE OF PUBLIC HEARING
COMMITTEE: Business & Industry
TIME & DATE: 10:00 AM, Tuesday, May 27, 2014
The Committee will hear invited testimony regarding:
Existing lien laws in Texas. Specifically:
a. Examine laws concerning the enforcement of contract liens affecting real property. Identify improvements, if any, that will enhance certainty of title following sale, enhance ability to ensure that sales are conducted by qualified trustees, prevent unnecessary litigation, facilities loss mitigation between borrowers and sellers, and protect the interests of homeowners, lenders and trustees.
b. Study the imposition of mechanics' liens on automobiles and its impact on mechanics, car owners and purchasers, and lenders.
c. Review ad valorem tax lien lending after the implementation of
SB 247 (83R) and the impact on homeowners, taxing authorities, mortgage lenders, and tax lien lenders. Review the procedures and powers of the Office of Consumer Credit Commissioner to ensure compliance with SB 247.
And study the impact of SB 1024 (82R) on wage theft and law enforcement and regulatory agencies' responses to wage theft claims.
Any unfinished business will be continued in the May 28th public hearing. If all business is completed in today's hearing, that hearing will be cancelled.
NOTICE OF ASSISTANCE AT PUBLIC MEETINGS
Persons with disabilities who plan to attend this meeting and who may need assistance, such as a sign language interpreter, are requested to contact Stacey Nicchio at (512) 463-0850, 24 hours prior to the meeting so that appropriate arrangements can be made.