1-1 By: Shapiro S.B. No. 1663
1-2 (In the Senate - Filed March 14, 1997; March 24, 1997, read
1-3 first time and referred to Committee on Economic Development;
1-4 April 25, 1997, reported favorably by the following vote: Yeas 10,
1-5 Nays 0; April 25, 1997, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the business of selling checks.
1-9 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-10 SECTION 1. AMENDMENT. Section 3, The Sale of Checks Act
1-11 (Article 489d, Vernon's Texas Civil Statutes), is amended to read
1-12 as follows:
1-13 Sec. 3. LICENSE REQUIRED. No person, except those specified
1-14 in Section 4 shall engage in the business of selling checks, as a
1-15 service or for a fee or other consideration, or maintain, utilize,
1-16 or otherwise control an account in this state for the purpose of
1-17 engaging in the business of selling checks, without having first
1-18 obtained a license hereunder.
1-19 [Any person engaged in said business on the effective date of
1-20 this Act may continue to engage therein without a license until the
1-21 Commissioner shall have acted upon his application for a license,
1-22 provided that such application be filed within thirty (30) days
1-23 after the effective date of this Act.]
1-24 SECTION 2. SEVERABILITY. If any section, sentence, clause
1-25 or part of this act shall, for any reason, be held invalid, such
1-26 invalidity shall not affect the remaining portions of the Act, and
1-27 it is hereby declared to be the intention of this legislature to
1-28 have passed each section, sentence, clause, or part irrespective of
1-29 the fact that any other section, sentence, or part may be declared
1-30 invalid.
1-31 SECTION 3. EFFECTIVE DATE. This Act takes effect September
1-32 1, 1997.
1-33 SECTION 4. EMERGENCY. The importance of this legislation
1-34 and the crowded condition of the calendars in both houses create an
1-35 emergency and an imperative public necessity that the
1-36 constitutional rule requiring bills to be read on three several
1-37 days in each house be suspended, and this rule is hereby suspended.
1-38 * * * * *