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Amend HB 826 (Senate committee printing) as follows:
(1) In SECTION 1 of the bill, in proposed Section 61.103,
Labor Code (page 1, line 47), strike "An" and substitute "(a) Except
as provided by Subsection (b), an".
(2) In SECTION 1 of the bill, in proposed Section 61.103,
Labor Code (page 1, between lines 51 and 52), insert the following:
(b) An employer or former employer who holds an unclaimed
wage payment of $100 or less that is presumed to be abandoned under
this subchapter is not required to dispose of the unclaimed wage
payment in the manner prescribed by Chapter 74, Property Code,
until the payment has been abandoned for three years after the date
from which the period applicable under Section 61.101 or 61.102 is
measured.
(3) Between SECTIONS 3 and 4 of the bill (page 2, between
lines 6 and 7), insert the following appropriately numbered SECTION
and renumber subsequent SECTIONS accordingly:
SECTION ____. Section 74.301(a), Property Code, is amended
to read as follows:
(a) Except as provided by Subsection (c), each holder who on
June 30 holds property that is presumed abandoned under Chapter 72,
73, or 75 of this code or Subchapter G, Chapter 61, Labor Code,
shall deliver the property to the comptroller on or before the
following November 1 accompanied by the report required to be filed
under Section 74.101.