Bill Text: TX SB721 | 2021-2022 | 87th Legislature | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the disclosure of appraisal reports in connection with the use of eminent domain authority.
Sponsorship: Moderate Partisan Bill (Republican 13-3)
Status: (Passed) 2021-05-18 - Effective on 9/1/21 [SB721 Detail]
Download: Texas-2021-SB721-Engrossed.html
Bill Title: Relating to the disclosure of appraisal reports in connection with the use of eminent domain authority.
Sponsorship: Moderate Partisan Bill (Republican 13-3)
Status: (Passed) 2021-05-18 - Effective on 9/1/21 [SB721 Detail]
Download: Texas-2021-SB721-Engrossed.html
| By: Schwertner, et al. | S.B. No. 721 | |
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| relating to the disclosure of appraisal reports in connection with | ||
| the use of eminent domain authority. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 21.0111, Property Code, is amended by | ||
| adding Subsection (a-1) to read as follows: | ||
| (a-1) An entity seeking to acquire real property through the | ||
| use of eminent domain shall, not later than the third business day | ||
| before the date of a special commissioner's hearing, disclose to | ||
| the property owner any and all current and existing appraisal | ||
| reports produced or acquired by the entity relating specifically to | ||
| the owner's property and used in determining the entity's opinion of | ||
| value, if an appraisal report is to be used at the hearing. | ||
| SECTION 2. The change in law made by this Act applies only | ||
| to a condemnation proceeding commenced on or after the effective | ||
| date of this Act. | ||
| SECTION 3. This Act takes effect September 1, 2021. | ||
