1-1  By:  Brown                                            S.B. No. 1240
    1-2        (In the Senate - Filed March 10, 1995; March 16, 1995, read
    1-3  first time and referred to Committee on Jurisprudence;
    1-4  April 19, 1995, reported adversely, with favorable Committee
    1-5  Substitute by the following vote:  Yeas 6, Nays 0; April 19, 1995,
    1-6  sent to printer.)
    1-7  COMMITTEE SUBSTITUTE FOR S.B. No. 1240               By:  Henderson
    1-8                         A BILL TO BE ENTITLED
    1-9                                AN ACT
   1-10  relating to mediated settlement agreements.
   1-11        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-12        SECTION 1.  Section 154.071, Civil Practice and Remedies
   1-13  Code, is amended by adding Subsections (d) and (e) to read as
   1-14  follows:
   1-15        (d)  A mediated settlement agreement is subject to revocation
   1-16  by a party before rendition of judgment or decree, unless:
   1-17              (1)  the settlement agreement contains, in a separate
   1-18  paragraph, an underlined statement that the settlement agreement is
   1-19  not subject to revocation;
   1-20              (2)  the settlement agreement is signed by each party
   1-21  to the settlement agreement; and
   1-22              (3)  if the party has an attorney representing the
   1-23  party in the matter being mediated, the party's attorney approves
   1-24  the settlement agreement if the party's attorney is present when
   1-25  the settlement agreement is signed.
   1-26        (e)  If a mediated settlement agreement meets the
   1-27  requirements of Subsection (d), a party is entitled to judgment or
   1-28  decree on the mediated settlement agreement.
   1-29        SECTION 2.  The importance of this legislation and the
   1-30  crowded condition of the calendars in both houses create an
   1-31  emergency and an imperative public necessity that the
   1-32  constitutional rule requiring bills to be read on three several
   1-33  days in each house be suspended, and this rule is hereby suspended,
   1-34  and that this Act take effect and be in force from and after its
   1-35  passage, and it is so enacted.
   1-36                               * * * * *