By Martin H.B. No. 2270
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the review and approval of claims for property presumed
1-3 abandoned and delivered to the state treasurer.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 74.502(d), Property Code, is amended to
1-6 read as follows:
1-7 (d) If the amount paid under Subsection (b) is more than
1-8 $100, the State Treasurer <and the attorney general> shall examine
1-9 the claim and any supporting affidavit or evidence of the claim.
1-10 Before the State Treasurer may reimburse a depository for a claim
1-11 under this subsection, the claim must be approved and signed by the
1-12 State Treasurer <and the attorney general>.
1-13 SECTION 2. Section 74.503, Property Code, is amended to read
1-14 as follows:
1-15 Sec. 74.503. CONSIDERATION OF CLAIM. The State Treasurer
1-16 <and the attorney general> or his <their> authorized agents
1-17 <jointly> shall consider the validity of each claim filed under
1-18 this subchapter.
1-19 SECTION 3. This Act takes effect September 1, 1993.
1-20 SECTION 4. The importance of this legislation and the
1-21 crowded condition of the calendars in both houses create an
1-22 emergency and an imperative public necessity that the
1-23 constitutional rule requiring bills to be read on three several
2-1 days in each house be suspended, and this rule is hereby suspended.