By Lewis of Tarrant H.B. No. 2207 77R1480 JMM-F 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 1704.157, Occupations Code, is amended to 1-6 read as follows: 1-7 Sec. 1704.157. PRELIMINARY DETERMINATIONS. (a) Before a 1-8 hearing on an application, a board or a board's authorized 1-9 representative shall determine whether the applicant: 1-10 (1) possesses the financial resources to comply with 1-11 Section 1704.160; and 1-12 (2) satisfies the other requirements of this chapter. 1-13 (b) The board may obtain an independent appraisal of real 1-14 property listed by the applicant under Section 1704.154(b)(3)(A) or 1-15 use the current market value of the property according to the most 1-16 recent certified county appraisal roll as the board determines 1-17 necessary to determine the value of the property. 1-18 SECTION 2. This Act takes effect September 1, 2001, and 1-19 applies only to an application for a license made on or after that 1-20 date. A license application made before the effective date of this 1-21 Act is governed by the law in effect on the date the application 1-22 was made, and the former law is continued in effect for that 1-23 purpose.