By Goodman H.B. No. 1554
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to separate property of a spouse.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 3.63, Family Code, is amended by
1-5 adding a new Subsection (c), to read as follows:
1-6 (c) In a decree of divorce or annulment the court shall
1-7 treat the following real and personal property, wherever situated,
1-8 as the separate property of a spouse:
1-9 (1) property that was acquired by a spouse while
1-10 domiciled elsewhere that would have been separate property if the
1-11 spouse who acquired the property had been domiciled in this state
1-12 at the time of the acquisition; or
1-13 (2) property that was acquired by a spouse in exchange
1-14 for real or personal property and that would have been separate
1-15 property if the spouse who acquired the property so exchanged had
1-16 been domiciled in this state at the time of its acquisition.
1-17 SECTION 2. This act takes effect September 1, 1993.
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.