1-1 By: Raymond (Senate Sponsor - Truan) H.B. No. 1521
1-2 (In the Senate - Received from the House May 5, 1997;
1-3 May 6, 1997, read first time and referred to Committee on State
1-4 Affairs; May 18, 1997, reported favorably by the following vote:
1-5 Yeas 13, Nays 0; May 18, 1997, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to notice by the comptroller concerning certain unclaimed
1-9 property.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Section 74.202, Property Code, is amended to read
1-12 as follows:
1-13 Sec. 74.202. NOTICE FOR ITEM WITH VALUE LESS THAN $100 [NOT
1-14 EXCEEDING $50]. In the notice required by Section 74.201, the
1-15 comptroller [State Treasurer] is not required to publish
1-16 information regarding an item having a value that is less than $100
1-17 [$50] unless the comptroller [State Treasurer] determines that
1-18 publication of that information is in the public interest.
1-19 SECTION 2. The importance of this legislation and the
1-20 crowded condition of the calendars in both houses create an
1-21 emergency and an imperative public necessity that the
1-22 constitutional rule requiring bills to be read on three several
1-23 days in each house be suspended, and this rule is hereby suspended,
1-24 and that this Act take effect and be in force from and after its
1-25 passage, and it is so enacted.
1-26 * * * * *