Texas should not limit homeowners’ access to capital through tax lien lending by imposing new notification requirements. Consumers benefit from tax lien lending by being able to work through tough economic times. Governments benefit from tax lien lending because they receive tax payments in a more timely fashion. Even mortgage lenders benefit from tax lien lending because their customers, with an affordable payment plan for their taxes, are better able to make mortgage payments.
SB 2021 Testimony to the Texas Senate State Affairs Committee
My name is Zach Whiting, policy director and senior fellow for Better Tech for Tomorrow, an initiative of the Texas Public Policy Foundation. I am testifying in support of SB 2021.