By Lewis of Tarrant H.B. No. 1766
76R5751 JMM-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the appraisal of certain property conveyed in trust to
1-3 a county bail bond board.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 6(d), Chapter 550, Acts of the 63rd
1-6 Legislature, Regular Session, 1973 (Article 2372p-3, Vernon's Texas
1-7 Civil Statutes), is amended to read as follows:
1-8 (d) Prior to a hearing on the application, the board or its
1-9 authorized representative shall conduct necessary inquiries to
1-10 determine whether the applicant possesses the financial
1-11 responsibility and meets other requirements of this Act. The board
1-12 may obtain an independent appraisal of real estate listed by the
1-13 applicant under Subsection (a)(4) of this section or use the
1-14 current market value of the property according to the most recent
1-15 certified county appraisal roll as the board determines necessary
1-16 to determine the value of the property.
1-17 SECTION 2. This Act takes effect September 1, 1999, and
1-18 applies only to an application for a license made on or after that
1-19 date. A license application made before the effective date of this
1-20 Act is governed by the law in effect on the date the application
1-21 was made, and the former law is continued in effect for that
1-22 purpose.
1-23 SECTION 3. The importance of this legislation and the
1-24 crowded condition of the calendars in both houses create an
2-1 emergency and an imperative public necessity that the
2-2 constitutional rule requiring bills to be read on three several
2-3 days in each house be suspended, and this rule is hereby suspended.