Bill Summary

SB 48 Judicial Sales Procedures (2025 Session)
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Sponsors
by García
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Summary
Judicial Sales Procedures; Specifying that courts must follow certain provisions when ordering the sale of real or personal property unless the use of other specified procedures is ordered; designating the “Transparency in Judicial Sales and Foreclosure Sales Act”; prohibiting a court from allowing the use of bidding credits or certain other offsets in specified judicial sales or foreclosure sales; authorizing courts to order an alternate judicial sales procedure under specified conditions, etc. Effective Date: 7/1/2025
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committees of reference
Committee references not assigned.
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Actions
11/20/24
SENATE
Filed
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bill text & filed amendments
0048
Filed on 11/20/24
PDF
No amendments to this bill text filed.
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Statute Citations
45.031
45.0311
45.036
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