Bill Text: TX HB650 | 2011-2012 | 82nd Legislature | Enrolled

---

Bill Title: Relating to property held by certain junior colleges and presumed abandoned.

Sponsorship: Partisan Bill (Democrat 2)

Status: (Passed) 2011-06-17 - Effective immediately [HB650 Detail]

Download: Texas-2011-HB650-Enrolled.html

---

H.B. No. 650

AN ACT
relating to property held by certain junior colleges and presumed
abandoned.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 76.001, Property Code, is amended to
read as follows:
Sec. 76.001. APPLICABILITY. (a) This chapter applies only
to the holder of property if:
(1) the holder is a:
(A) school district;
(B) [,] municipality;
(C) [, or] county; or
(D) junior college that has, in the manner
described by Subsection (b), opted to handle property described by
Subdivision (2) in accordance with this chapter; and
(2) the property is:
(A) presumed abandoned under Chapter 72 or 75;
and
(B) valued at $100 or less.
(b) This chapter applies to a junior college only if the
governing board of the junior college takes formal action to opt to
handle property described by Subsection (a)(2) in accordance with
this chapter.
SECTION 2. 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, 2011.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 650 was passed by the House on April
7, 2011, by the following vote: Yeas 144, Nays 0, 1 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 650 was passed by the Senate on May
17, 2011, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor