Bill Text: TX HB3311 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to the date and time for the public sale of real property.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2017-04-03 - Referred to Business & Industry [HB3311 Detail]
Download: Texas-2017-HB3311-Introduced.html
| 85R10757 SMT-F | ||
| By: Huberty | H.B. No. 3311 | |
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| relating to the date and time for the public sale of real property. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. The heading to Section 34.041, Civil Practice | ||
| and Remedies Code, is amended to read as follows: | ||
| Sec. 34.041. SALE AT PLACE OTHER THAN COURTHOUSE DOOR; DATE | ||
| AND TIME OF SALE. | ||
| SECTION 2. Section 34.041, Civil Practice and Remedies | ||
| Code, is amended by adding Subsection (c) to read as follows: | ||
| (c) A sale of real property under this subchapter must take | ||
| place between 10 a.m. and 4 p.m. on the first Tuesday of a month or, | ||
| if the first Tuesday of a month is a federal, state, or local | ||
| holiday, between 10 a.m. and 4 p.m. on the following business day. | ||
| Notwithstanding Section 22.004, Government Code, the supreme court | ||
| may not amend or adopt rules in conflict with this subsection. | ||
| SECTION 3. Section 51.002, Property Code, is amended by | ||
| amending Subsection (a) and adding Subsection (j) to read as | ||
| follows: | ||
| (a) Except as provided by Subsection (j), a [ |
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| property under a power of sale conferred by a deed of trust or other | ||
| contract lien must be a public sale at auction held between 10 a.m. | ||
| and 4 p.m. of the first Tuesday of a month. Except as provided by | ||
| Subsection (h), the sale must take place at the county courthouse in | ||
| the county in which the land is located, or if the property is | ||
| located in more than one county, the sale may be made at the | ||
| courthouse in any county in which the property is located. The | ||
| commissioners court shall designate the area at the courthouse | ||
| where the sales are to take place and shall record the designation | ||
| in the real property records of the county. The sale must occur in | ||
| the designated area. If no area is designated by the commissioners | ||
| court, the notice of sale must designate the area where the sale | ||
| covered by that notice is to take place, and the sale must occur in | ||
| that area. | ||
| (j) If the first Tuesday of a month is a federal, state, or | ||
| local holiday, a sale of real property under this section must be | ||
| held between 10 a.m. and 4 p.m. on the following business day. | ||
| SECTION 4. Section 34.01, Tax Code, is amended by adding | ||
| Subsection (r-1) to read as follows: | ||
| (r-1) A sale of real property under this section, including | ||
| a sale conducted by means of a public auction using online bidding | ||
| and sale under Subsection (a-1), must take place between 10 a.m. and | ||
| 4 p.m. on the first Tuesday of a month or, if the first Tuesday of a | ||
| month is a federal, state, or local holiday, between 10 a.m. and 4 | ||
| p.m. on the following business day. | ||
| SECTION 5. Section 34.07(f), Tax Code, is amended to read as | ||
| follows: | ||
| (f) A suit filed against the taxing units under Subsection | ||
| (d) may not be maintained unless the action is instituted before the | ||
| first anniversary of the date of sale or resale. In this subsection: | ||
| (1) "Date of sale" means the date [ |
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| property under Section 34.01. | ||
| (2) "Date of resale" means the date on which the | ||
| grantor's acknowledgment was taken or, in the case of multiple | ||
| grantors, the latest date of acknowledgment by the grantors as | ||
| shown in the deed. | ||
| SECTION 6. The changes in law made by this Act apply only to | ||
| the sale of real property under Subchapter C, Chapter 34, Civil | ||
| Practice and Remedies Code, Section 51.002, Property Code, or | ||
| Section 34.01, Tax Code, for which notice is given on or after the | ||
| effective date of this Act. | ||
| SECTION 7. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2017. | ||
