By Cain S.B. No. 912
75R2829 CAS-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to trusts for certain minors or incapacitated persons.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 142.005, Property Code, is amended by
1-5 adding Subsection (g) to read as follows:
1-6 (g) Notwithstanding any other provision of this chapter, if
1-7 the court finds that it would be in the best interests of the minor
1-8 or incapacitated person for whom a trust is created under this
1-9 section, the trust may contain provisions determined by the court
1-10 to be necessary to establish a special needs trust as specified
1-11 under 42 U.S.C. Section 1396p(d)(4)(A).
1-12 SECTION 2. The importance of this legislation and the
1-13 crowded condition of the calendars in both houses create an
1-14 emergency and an imperative public necessity that the
1-15 constitutional rule requiring bills to be read on three several
1-16 days in each house be suspended, and this rule is hereby suspended,
1-17 and that this Act take effect and be in force from and after its
1-18 passage, and it is so enacted.