By Haggerty H.B. No. 2497
77R8587 ATP-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to county fees for handling certain registry funds.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 117.054(b), Local Government Code, is
1-5 amended to read as follows:
1-6 (b) The interest earned on a special account or a separate
1-7 account shall be paid in the following amounts:
1-8 (1) 5 [10] percent of the interest shall be paid to
1-9 the general fund of the county to compensate the county for the
1-10 accounting and administrative expenses of maintaining the account;
1-11 and
1-12 (2) 95 [90] percent of the interest shall be credited
1-13 to the special or separate account.
1-14 SECTION 2. Section 117.055(a), Local Government Code, is
1-15 amended to read as follows:
1-16 (a) To compensate the county for the accounting and
1-17 administrative expenses incurred in handling the registry funds
1-18 that have not earned interest, including funds in a special or
1-19 separate account, the clerk shall, at the time of withdrawal,
1-20 deduct from the amount of the withdrawal a fee in an amount equal
1-21 to 2.5 [five] percent of the withdrawal but that may not exceed $25
1-22 [$50]. Withdrawal of funds generated from a case arising under the
1-23 Family Code is exempt from the fee deduction provided by this
1-24 section.
2-1 SECTION 3. (a) This Act takes effect September 1, 2001.
2-2 (b) Section 117.054(b), Local Government Code, as amended by
2-3 this Act, applies only to the interest earned on a special or
2-4 separate account on or after the effective date of this Act.
2-5 (c) Section 117.055(a), Local Government Code, as amended by
2-6 this Act, applies only to withdrawals of funds that are made on or
2-7 after the effective date of this Act.