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AN ACT
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relating to the disclosure of appraisal reports in connection with |
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the use of eminent domain authority. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 21.0111, Property Code, is amended by |
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adding Subsection (a-1) to read as follows: |
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(a-1) An entity seeking to acquire real property through the |
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use of eminent domain shall, not later than the third business day |
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before the date of a special commissioner's hearing, disclose to |
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the property owner any and all current and existing appraisal |
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reports produced or acquired by the entity relating specifically to |
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the owner's property and used in determining the entity's opinion of |
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value, if an appraisal report is to be used at the hearing. |
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SECTION 2. The change in law made by this Act applies only |
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to a condemnation proceeding commenced on or after the effective |
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date of this Act. |
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SECTION 3. This Act takes effect September 1, 2021. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I hereby certify that S.B. No. 721 passed the Senate on |
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April 20, 2021, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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I hereby certify that S.B. No. 721 passed the House on |
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May 4, 2021, by the following vote: Yeas 145, Nays 0, two present |
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not voting. |
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______________________________ |
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Chief Clerk of the House |
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Approved: |
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______________________________ |
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Date |
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______________________________ |
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Governor |