Bill Text: TX HB3198 | 2013-2014 | 83rd Legislature | Comm Sub

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Bill Title: Relating to suits for default on a student loan administered by the Texas Higher Education Coordinating Board.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2013-05-08 - Placed on General State Calendar [HB3198 Detail]

Download: Texas-2013-HB3198-Comm_Sub.html

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83R18953 KSD-F
By: Gonzales H.B. No. 3198
Substitute the following for H.B. No. 3198:
By: Harper-Brown C.S.H.B. No. 3198

A BILL TO BE ENTITLED
AN ACT
relating to suits for default on a student loan administered by the
Texas Higher Education Coordinating Board.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 52.39, Education Code, is amended to
read as follows:
Sec. 52.39. DEFAULT; SUIT. When any person who has
received or cosigned as a guarantor for a loan authorized by this
chapter has failed or refused to make as many as six monthly
payments due in accordance with an executed note, then the full
amount of the remaining principal and interest becomes due and
payable immediately, and the amount due, the person's name and
[his] last known address, and other necessary information shall be
reported by the board to the attorney general. Suit for the
remaining sum may [shall] be instituted by the attorney general.
Venue for and jurisdiction of a suit arising under this section is
exclusively conferred upon a court of competent jurisdiction in
Travis County [, or any county or district attorney acting for him,
in the county of the person's residence, the county in which is
located the institution at which the person was last enrolled, or in
Travis County, unless the attorney general finds reasonable
justification for delaying suit and so advises the board in
writing].
SECTION 2. The changes in law made by this Act to Section
52.39, Education Code, apply only to a suit filed under that section
on or after the effective date of this Act. A suit filed under
Section 52.39, Education Code, before the effective date of this
Act is governed by the law in effect on the date the suit is filed,
and the former law is continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2013.