79R15194 PAM-D

By:  King of Zavala                                               H.B. No. 2995

Substitute the following for H.B. No. 2995:                                   

By:  Vo                                                       C.S.H.B. No. 2995

relating to a person who is entitled to claim a lien on certain assets. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subtitle B, Title 5, Property Code, is amended by adding Chapter 64 to read as follows:
Sec. 64.001. DEFINITIONS. In this chapter "client company," "staff leasing services," and "staff leasing services company" have the meanings assigned by Section 91.001, Labor Code. Sec. 64.002. LIEN. A staff leasing services company that provides staff leasing services for a client company under a contract with the client company or an agent of the client company has the right to file a lien under this chapter for the amount due under the contract. Sec. 64.003. PROPERTY SUBJECT TO LIEN. The lien attaches to all products, papers, machinery, tools, fixtures, appurtenances, goods, wares, merchandise, contracts, chattels, or other things of value that are created wholly or partly with the staff leasing services provided or that are necessarily connected with the performance of the staff leasing services provided and that are owned by or in possession of the client company or the agent of the client company that entered into the contract with the staff leasing services company. Sec. 64.004. DURATION OF LIEN. A lien created under this chapter expires on the first anniversary of the date of attachment. SECTION 2. The change in law made by Chapter 64, Property Code, as added by this Act, applies only to a contract entered into on or after the effective date of this Act. A contract entered into before the effective date of this Act is governed by the law in effect when the contract was entered into, and the former law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2005.