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A BILL TO BE ENTITLED
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AN ACT
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relating to the relocation of certain licensed pawnshops. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 371.059(b), Finance Code, is amended to |
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read as follows: |
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(b) In a county with a population of 250,000 or more, the |
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commissioner shall approve an application for: |
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(1) an original license to operate a pawnshop at a |
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facility that is not an existing licensed pawnshop at the time the |
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application is filed if the proposed facility is not located within |
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two miles of a licensed pawnshop; and |
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(2) the relocation of a licensed pawnshop to a |
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facility that [is not an existing licensed pawnshop] at the time the |
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application is filed [if the facility where the pawnshop is to be
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relocated] is not located within one mile of a licensed pawnshop[;
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and
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[(3)
the relocation of a licensed pawnshop if at the
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time the application is filed the pawnshop has been in operation at
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its current location for at least three years, and the facility
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where the pawnshop is to be relocated is either within one mile of
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its existing location or, if in excess of one mile from its existing
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location, not within one mile of another existing operating
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pawnshop]. |
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SECTION 2. Section 371.059(c), Finance Code, is repealed. |
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SECTION 3. Section 371.059, Finance Code, as amended by |
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this Act, applies only to an application for the relocation of a |
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pawnshop filed on or after the effective date of this Act. An |
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application for the relocation of a pawnshop filed before the |
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effective date of this Act is governed by the law in effect on the |
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date the application was filed, and the former law is continued in |
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effect for that purpose. |
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SECTION 4. This Act takes effect September 1, 2019. |