By Raymond H.B. No. 1521
75R4291 CAS-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to notice by the comptroller concerning certain unclaimed
1-3 property.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 74.202, Property Code, is amended to read
1-6 as follows:
1-7 Sec. 74.202. NOTICE FOR ITEM WITH VALUE LESS THAN $100 [NOT
1-8 EXCEEDING $50]. In the notice required by Section 74.201, the
1-9 comptroller [State Treasurer] is not required to publish
1-10 information regarding an item having a value that is less than $100
1-11 [$50] unless the comptroller [State Treasurer] determines that
1-12 publication of that information is in the public interest.
1-13 SECTION 2. The importance of this legislation and the
1-14 crowded condition of the calendars in both houses create an
1-15 emergency and an imperative public necessity that the
1-16 constitutional rule requiring bills to be read on three several
1-17 days in each house be suspended, and this rule is hereby suspended,
1-18 and that this Act take effect and be in force from and after its
1-19 passage, and it is so enacted.