Bill Text: TX SB569 | 2015-2016 | 84th Legislature | Enrolled


Bill Title: Relating to the presumption of abandonment of certain tangible personal property held by a county.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2015-06-16 - Effective on 9/1/15 [SB569 Detail]

Download: Texas-2015-SB569-Enrolled.html
 
 
  S.B. No. 569
 
 
 
 
AN ACT
  relating to the presumption of abandonment of certain tangible
  personal property held by a county.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 72.101(a), Property Code, is amended to
  read as follows:
         (a)  Except as provided by this section and Sections 72.1015,
  72.1016, 72.1017, [and] 72.102, and 72.104, personal property is
  presumed abandoned if, for longer than three years:
               (1)  the existence and location of the owner of the
  property is unknown to the holder of the property; and
               (2)  according to the knowledge and records of the
  holder of the property, a claim to the property has not been
  asserted or an act of ownership of the property has not been
  exercised.
         SECTION 2.  Subchapter B, Chapter 72, Property Code, is
  amended by adding Section 72.104 to read as follows:
         Sec. 72.104.  TANGIBLE PERSONAL PROPERTY HELD BY COUNTY.
  Tangible personal property that is found on county land or in a
  county park, facility, or right-of-way is presumed abandoned if,
  for longer than 120 days:
               (1)  the personal property is held by the county;
               (2)  the existence and location of the owner of the
  personal property is unknown to the county; and
               (3)  according to the knowledge and records of the
  county, a claim to the personal property has not been asserted or an
  act of ownership of the personal property has not been exercised.
         SECTION 3.  This Act takes effect September 1, 2015.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 569 passed the Senate on
  April 9, 2015, by the following vote:  Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 569 passed the House on
  May 22, 2015, by the following vote:  Yeas 139, Nays 1, two
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor
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