76R9449 PAM-F                           
         By Bonnen                                             H.B. No. 2890
         Substitute the following for H.B. No. 2890:
         By Brimer                                         C.S.H.B. No. 2890
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the report, delivery, and claims process for unclaimed
 1-3     property held by certain local governments.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Section 76.001, Property Code, is amended to read
 1-6     as follows:
 1-7           Sec. 76.001.  APPLICABILITY.  This chapter applies only to
 1-8     the holder of property if:
 1-9                 (1)  the holder is a school district, municipality, or
1-10     county; and
1-11                 (2)  the property is:
1-12                       (A)  presumed abandoned under Chapter 72 or 75;
1-13     and
1-14                       (B)  valued at $100 or less.
1-15           SECTION 2.  Section 76.002, Property Code, is amended to read
1-16     as follows:
1-17           Sec. 76.002.  OFFICERS AND REPRESENTATIVES.  In this chapter:
1-18                 (1)  a reference to the treasurer of a holder includes
1-19     a person performing the duties of the treasurer of a holder in a
1-20     school district, municipality, or county in which the office of
1-21     treasurer does not exist; [and]
1-22                 (2)  a reference to the chief fiscal officer of a
1-23     holder includes a person performing the duties of the chief fiscal
1-24     officer of a holder in a school district, municipality, or county
 2-1     in which the office of chief fiscal officer does not exist; and
 2-2                 (3)  a reference to the attorney for a holder includes
 2-3     an attorney designated by the governing body of the holder to
 2-4     represent the holder.
 2-5           SECTION 3.  (a)  This Act takes effect September 1, 2000.
 2-6           (b)  The changes in law made by this Act apply only to
 2-7     unclaimed property held by a holder described by Section 76.001,
 2-8     Property Code, as amended by this Act, on or after June 30, 2000.
 2-9           (c)  Property held by a holder described by Section 76.001,
2-10     Property Code, as amended by this Act, on June 30, 1999, is
2-11     governed by the law as it existed immediately before the effective
2-12     date of this Act, and the former law is continued in effect for
2-13     that purpose.
2-14           SECTION 4.  The importance of this legislation and the
2-15     crowded condition of the calendars in both houses create an
2-16     emergency and an imperative public necessity that the
2-17     constitutional rule requiring bills to be read on three several
2-18     days in each house be suspended, and this rule is hereby suspended.