Bill Text: TX HB257 | 2015-2016 | 84th Legislature | Enrolled

Texas House Bill 257 (Prior Session Legislation)

Bill Title: Relating to a judge's or justice's significant interest in a business entity that owns, manages, or operates a private correctional or rehabilitation facility.

Sponsorship: Slight Partisan Bill (Republican 5-2)

Status: (Passed) 2015-06-17 - Effective on . . . . . . . . . . . . . . . [HB257 Detail]

Download: Texas-2015-HB257-Enrolled.html



	H.B. No. 257




	AN ACT
	relating to a judge's or justice's significant interest in a
	business entity that owns, manages, or operates a private
	correctional or rehabilitation facility.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 21.010(b), Government Code, is amended
	to read as follows:
	(b) A justice or judge is considered to have a significant
	interest in a business entity described by Subsection (a) for
	purposes of this section if:
	(1) the justice or judge owns any voting stock or share
	or has a direct investment in the business entity [~~that represents~~
	~~the lesser of at least 10 percent or $15,000 of the fair market~~
	~~value of the business entity~~]; or
	(2) the justice or judge receives money from the
	business entity.
	SECTION 2. This Act takes effect January 1, 2017.


	______________________________	______________________________
	President of the Senate	Speaker of the House


	I certify that H.B. No. 257 was passed by the House on May 8,
	2015, by the following vote: Yeas 142, Nays 0, 2 present, not
	voting.

	______________________________
	Chief Clerk of the House


	I certify that H.B. No. 257 was passed by the Senate on May
	26, 2015, by the following vote: Yeas 31, Nays 0.

	______________________________
	Secretary of the Senate
	APPROVED: _____________________
	Date

	_____________________
	Governor