81R5560 JTS-D
By: Heflin H.B. No. 1306
A BILL TO BE ENTITLED
AN ACT
relating to the authority of certain counties to use unclaimed
money for the benefit of the county.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 74, Property Code, is
amended by adding Section 74.3014 to read as follows:
Sec. 74.3014. DELIVERY OF MONEY IN CERTAIN COUNTIES. (a)
Notwithstanding and in addition to any other provision of this
chapter or other law, a county having a population of less than
25,000 in which the state or one of its political subdivisions,
including an institution of higher education, owns more than 25
percent of the land in the county may deliver reported money to a
fund established by the county to benefit the county instead of
delivering the money to the comptroller as required by Section
74.301.
(b) Money in the county fund may be distributed in the form
of grants to nonprofit, nonreligious organizations that work for
the betterment of the county through education, recreation,
culture, or protecting the health and safety of the county.
(c) A county shall file with the comptroller a verification
of money delivered under this section that complies with Section
74.302.
(d) A claim for money delivered under this section must be
filed with the county that delivered the money. The county shall
pay the claim if the county determines in good faith that the claim
is valid. A person aggrieved by a claim decision may file suit
against the county in a district court in the county in accordance
with Section 74.506.
(e) The comptroller shall prescribe the forms and
procedures governing this section, including forms and procedures
relating to:
(1) notice of presumed abandoned property;
(2) delivery of reported money to the county fund; and
(3) filing of a claim.
SECTION 2. This Act takes effect September 1, 2009.