By: Zaffirini S.B. No. 2903

(In the Senate - Filed March 14, 2025; April 7, 2025, read first time and referred to Committee on Jurisprudence; April 30, 2025, reported adversely, with favorable Committee Substitute by the following vote: Yeas 5, Nays 0; April 30, 2025, sent to printer.) Click here to see the committee vote

COMMITTEE SUBSTITUTE FOR S.B. No. 2903 By: Hughes

A BILL TO BE ENTITLED

AN ACT

relating to supporting vouchers and other documents attached to annual accounts filed by guardians of the estate.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 1163.003(a), Estates Code, is amended to read as follows:

(a) The guardian of the estate shall attach to each annual account:

(1) a voucher, including a receipt, invoice, or proof of payment, for each item of credit claimed in the account or, to support the item in the absence of the voucher, other evidence satisfactory to the court;

(2) an official letter from the bank or other depository where the money on hand of the estate or ward is deposited that shows the amounts in general or special deposits; [and]

(3) proof of the existence and possession of:

(A) securities owned by the estate or shown by the account; and

(B) other assets held by a depository subject to court order;

(4) an official statement that covers the date that the accounting period ends issued by each bank or other depository where:

(A) the money on hand of the estate or ward is deposited; or

(B) the securities or other assets are held for safekeeping; and

(5) a bill of sale, contract, or other agreement evidencing the sale of personal property of the estate or ward during the accounting period.

SECTION 2. Section 1163.003, Estates Code, as amended by this Act, applies to a guardianship proceeding that is pending or commenced on or after the effective date of this Act.

SECTION 3. This Act takes effect September 1, 2025.

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