By: Kubiak H.B. No. 254 73R2159 DAK-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the exemption of property in this state from the 1-3 satisfaction of another state's judgment for unpaid income taxes on 1-4 certain retirement benefits. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Subtitle A, Title 5, Property Code, is amended by 1-7 adding Chapter 44 to read as follows: 1-8 CHAPTER 44. TAXATION OF RETIREMENT BENEFITS BY ANOTHER STATE 1-9 Sec. 44.001. PROPERTY EXEMPT. All property in this state is 1-10 exempt from attachment, execution, and seizure for the satisfaction 1-11 of a judgment in favor of another state for failure to pay that 1-12 state's income tax on benefits received from a pension or other 1-13 retirement plan. 1-14 SECTION 2. This Act applies to the attachment, execution, 1-15 and seizure of property to satisfy a judgment without regard to 1-16 whether the judgment was entered before, on, or after the effective 1-17 date of this Act. 1-18 SECTION 3. The importance of this legislation and the 1-19 crowded condition of the calendars in both houses create an 1-20 emergency and an imperative public necessity that the 1-21 constitutional rule requiring bills to be read on three several 1-22 days in each house be suspended, and this rule is hereby suspended, 1-23 and that this Act take effect and be in force from and after its 1-24 passage, and it is so enacted.