79R21 AJA-D

By:  Riddle                                                       H.B. No. 81 


A BILL TO BE ENTITLED
AN ACT
relating to release by the comptroller of unclaimed property subject to a child support lien. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 74.501, Property Code, is amended by amending Subsection (e) and adding Subsection (f) to read as follows: (e) Except as provided by Subsection (f), the [The] comptroller may not pay to the following persons a claim to which this section applies: (1) a creditor, a judgment creditor, a lienholder, or an assignee of the reported owner or of the owner's heirs; or (2) a person holding a power of attorney from the reported owner or the owner's heirs. (f) If a judgment or administrative determination of child support arrearages has been rendered against the reported owner of the property, the comptroller may approve a claim submitted by a holder of a lien for the child support owed under the judgment or administrative determination or by the attorney general on behalf of the lienholder. Payment under this subsection may not exceed the amount of arrearages owed to the lienholder under the judgment or administrative determination. SECTION 2. The change in law made by this Act applies only to a claim filed under Section 74.501, Property Code, on or after the effective date of this Act. A claim filed under that section before the effective date of this Act is governed by the law in effect immediately before the effective date of this Act, and that law is continued in effect for that purpose. SECTION 3. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2005.