Bill Text: TX SB1512 | 2023-2024 | 88th Legislature | Engrossed
Bill Title: Relating to the failure to disclose certain appraisal reports by an entity with eminent domain authority in connection with an offer to acquire real property.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2023-04-28 - Referred to Land & Resource Management [SB1512 Detail]
Download: Texas-2023-SB1512-Engrossed.html
By: Schwertner, Kolkhorst | S.B. No. 1512 |
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relating to the failure to disclose certain appraisal reports by an | ||
entity with eminent domain authority in connection with an offer to | ||
acquire real property. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 21.0111(a), Property Code, is amended to | ||
read as follows: | ||
(a) An entity with eminent domain authority that wants to | ||
acquire real property for a public use shall, by certified mail, | ||
return receipt requested, disclose to the property owner at the | ||
time an offer to purchase or lease the property is made any and all | ||
appraisal reports produced or acquired by the entity relating | ||
specifically to the owner's property and prepared in the 10 years | ||
preceding the date of the offer. An entity that fails to meet the | ||
requirements of this subsection is liable to the owner for | ||
reasonable attorney's fees incurred by the owner in connection with | ||
the entity's acquisition of the owner's property. | ||
SECTION 2. The change in law made by this Act applies only | ||
to the acquisition of real property in connection with an initial | ||
offer made under Section 21.0113, Property Code, on or after the | ||
effective date of this Act. An acquisition of real property in | ||
connection with an initial offer made under Section 21.0113, | ||
Property Code, before the effective date of this Act is governed by | ||
the law applicable to the acquisition immediately before the | ||
effective date of this Act, and that law is continued in effect for | ||
that purpose. | ||
SECTION 3. This Act takes effect September 1, 2023. |