Relating to a person who is entitled to claim a lien on certain assets.
Impact
Under the proposed law, a lien will attach to the premises and personal property of a commercial entity with whom the security services contractor has a valid contract. This lien security will require contractors to file specific documentation with the county clerk within a strict timeframe after the debt accrues, ensuring that the rights of creditors are upheld while establishing clarity regarding the claims on property. By creating this mechanism, HB1846 seeks to streamline the debt collection process for security services contractors, providing them with statutory backing to collect overdue payments more effectively.
Summary
House Bill 1846 introduces provisions regarding the entitlement of security services contractors to claim liens on certain assets. It specifically establishes a legal framework for security services contractors who provide services to commercial entities under contract. The bill amends the Property Code by adding a new chapter that outlines the rights of these contractors to file liens for unpaid amounts owed for their services provided on a contractual basis. This legislation aims to protect the interests of security services contractors and facilitate the collection of debts owed to them.
Contention
The discussion surrounding HB1846 highlights various viewpoints on the implications of creating such liens. Proponents argue it provides necessary protections for a professional sector that often faces payment issues, fostering fair business practices within the security industry. Critics may raise concerns about potential abuse of lien rights leading to disputes over property, particularly if due process regarding notification and filing is not properly adhered to. By putting strict conditions around lien claims and the procedure for securing liens, the bill attempts to balance the interests of contractors with those of property owners.
Relating to amendments to the Uniform Commercial Code, including amendments concerning certain intangible assets and the perfection of security interests in those assets.
Relating to amendments to the Uniform Commercial Code, including amendments concerning certain intangible assets and the perfection of security interests in those assets.
Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.
Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.
Relating to the regulation of the collection, use, processing, and treatment of consumers' personal data by certain business entities; imposing a civil penalty.
Relating to the creation of the Denton County Municipal Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.
Relating to prohibitions on the illegal entry into or illegal presence in this state by a person who is an alien, the enforcement of those prohibitions, and authorizing under certain circumstances the removal of persons who violate certain of those prohibitions; creating criminal offenses.