By Goolsby H.B. No. 29 76R1185 DAK-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the statute of limitations for bringing an action for 1-3 the specific performance of a real estate sales contract. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter B, Chapter 16, Civil Practice and 1-6 Remedies Code, is amended by adding Section 16.038 to read as 1-7 follows: 1-8 Sec. 16.038. SPECIFIC PERFORMANCE. A person must bring suit 1-9 for the specific performance of a real estate sales contract not 1-10 later than one year after the day the cause of action accrues. 1-11 SECTION 2. This Act takes effect September 1, 1999, and 1-12 applies only to a cause of action that accrues on or after that 1-13 date. An action that accrued before the effective date of this Act 1-14 is governed by the law applicable to the action immediately before 1-15 the effective date of this Act, and that law is continued in effect 1-16 for that purpose. 1-17 SECTION 3. The importance of this legislation and the 1-18 crowded condition of the calendars in both houses create an 1-19 emergency and an imperative public necessity that the 1-20 constitutional rule requiring bills to be read on three several 1-21 days in each house be suspended, and this rule is hereby suspended.