By: Brown S.B. No. 1240 A BILL TO BE ENTITLED AN ACT 1-1 relating to mediated settlement agreements. 1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-3 SECTION 1. Section 154.071, Civil Practice and Remedies 1-4 Code, is amended by adding Subsections (d) and (e) to read as 1-5 follows: 1-6 (d) A mediated settlement agreement is subject to revocation 1-7 by a party before rendition of judgment, unless: 1-8 (1) the settlement agreement specifically states that 1-9 the agreement is not subject to revocation; and 1-10 (2) the settlement agreement is signed by an attorney 1-11 for the party. 1-12 (e) If a mediated settlement agreement meets the 1-13 requirements of Subsection (d), a party is entitled to judgment on 1-14 the mediated settlement agreement. 1-15 SECTION 2. The importance of this legislation and the 1-16 crowded condition of the calendars in both houses create an 1-17 emergency and an imperative public necessity that the 1-18 constitutional rule requiring bills to be read on three several 1-19 days in each house be suspended, and this rule is hereby suspended, 1-20 and that this Act take effect and be in force from and after its 1-21 passage, and it is so enacted.