By Goolsby                                            H.B. No. 2769

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the county depository and depositories for certain

 1-3     trust funds.

 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-5           SECTION 1.  Amend Subsection 116.116(c), Local Government

 1-6     Code, to read as follows:

 1-7           Section 116.116.  Obligations Payable at County Depository.

 1-8     . . . .

 1-9           (c)  A warrant or check, including a warrant or check issued

1-10     prior to September 1, 1993, issued by the county treasurer in

1-11     settlement of a claim against a county that is not presented for

1-12     payment before the 366th day following the date of issuance is

1-13     overdue and nonnegotiable.  The sum of the overdue warrant or check

1-14     shall be credited as revenue to the county if delivery to the

1-15     payees was attempted or occurred within a reasonable time following

1-16     the issuance of the warrant or check.  No right to full settlement

1-17     of a proper unpaid claim is extinguished by this subsection.

1-18           SECTION 2.  Amend Section 117.002, Local Government Code to

1-19     read as follows:

1-20           Sec. 117.002  Transfer of Unclaimed Funds to State Treasurer.

1-21           Any funds, except cash bail bonds, deposited under this

1-22     chapter that are presumed abandoned under Chapter 72, 73, or 75,

1-23     Property Code, shall be reported and delivered by the county or

1-24     district clerk to the state treasurer without further action by any

 2-1     court.  The dormancy period for funds deposited under this chapter

 2-2     begins on the later of:

 2-3           (1)  the date of entry of final judgment or order of

 2-4     dismissal in the action in which the funds were deposited;

 2-5           (2)  the 18th birthday of the minor for whom the funds were

 2-6     deposited; or

 2-7           (3)  a reasonable date established by rule by the state

 2-8     treasurer to promote the public interest in disposing of unclaimed

 2-9     funds.

2-10           SECTION 3.  The importance of this legislation and the

2-11     crowded condition of the calendars in both houses create an

2-12     emergency and an imperative public necessity that the

2-13     constitutional rule requiring bills to be read on three several

2-14     days in each house be suspended, and this rule is hereby suspended,

2-15     and that this Act take effect and be in force from and after its

2-16     passage, and it is so enacted.