By: Shapiro S.B. No. 1663
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the business of selling checks.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. AMENDMENT. Section 3, The Sale of Checks Act
1-4 (Article 489d, Vernon's Texas Civil Statutes), is amended to read
1-5 as follows:
1-6 Sec. 3. LICENSE REQUIRED. No person, except those specified
1-7 in Section 4 shall engage in the business of selling checks, as a
1-8 service or for a fee or other consideration, or maintain, utilize,
1-9 or otherwise control an account in this state for the purpose of
1-10 engaging in the business of selling checks, without having first
1-11 obtained a license hereunder.
1-12 [Any person engaged in said business on the effective date of
1-13 this Act may continue to engage therein without a license until the
1-14 Commissioner shall have acted upon his application for a license,
1-15 provided that such application be filed within thirty (30) days
1-16 after the effective date of this Act.]
1-17 SECTION 2. SEVERABILITY. If any section, sentence, clause
1-18 or part of this act shall, for any reason, be held invalid, such
1-19 invalidity shall not affect the remaining portions of the Act, and
1-20 it is hereby declared to be the intention of this legislature to
1-21 have passed each section, sentence, clause, or part irrespective of
1-22 the fact that any other section, sentence, or part may be declared
1-23 invalid.
2-1 SECTION 3. EFFECTIVE DATE. This Act takes effect September
2-2 1, 1997.
2-3 SECTION 4. EMERGENCY. The importance of this legislation
2-4 and the crowded condition of the calendars in both houses create an
2-5 emergency and an imperative public necessity that the
2-6 constitutional rule requiring bills to be read on three several
2-7 days in each house be suspended, and this rule is hereby suspended.