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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 77(R)

SENATE BILL 1407  

SENATE AUTHOR: Madla

EFFECTIVE: 09-01-01         

HOUSE SPONSOR: King, Tracy

Senate Bill 1407 amends the Texas Probate Code to increase from an amount not to exceed three percent to five percent the payment that a bonded livestock commission merchant or a bonded livestock auction commission merchant may receive when selling livestock from an estate.