BILL ANALYSIS H.B. 1221 By: Lucio III Natural Resources Committee Report (Unamended) BACKGROUND AND PURPOSE Concerned parties note that a buyer of residential property in Texas generally does not receive notice of the existence of a groundwater conservation district or other special purpose district that might regulate groundwater underneath the property. H.B. 1221 seeks to remedy this issue. CRIMINAL JUSTICE IMPACT It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS H.B. 1221 amends the Property Code to add a provision to the seller's disclosure of property condition notice, required to be executed by the seller and given to the purchaser of residential real property comprising not more than one dwelling unit located in Texas, indicating whether the seller is aware that any portion of the property is located in a groundwater conservation district, a subsidence district, or other special purpose district with the authority to regulate the withdrawal of groundwater. EFFECTIVE DATE September 1, 2015.
BILL ANALYSIS
# BILL ANALYSIS
H.B. 1221
By: Lucio III
Natural Resources
Committee Report (Unamended)
H.B. 1221
By: Lucio III
Natural Resources
Committee Report (Unamended)
BACKGROUND AND PURPOSE Concerned parties note that a buyer of residential property in Texas generally does not receive notice of the existence of a groundwater conservation district or other special purpose district that might regulate groundwater underneath the property. H.B. 1221 seeks to remedy this issue.
CRIMINAL JUSTICE IMPACT It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.
RULEMAKING AUTHORITY It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
ANALYSIS H.B. 1221 amends the Property Code to add a provision to the seller's disclosure of property condition notice, required to be executed by the seller and given to the purchaser of residential real property comprising not more than one dwelling unit located in Texas, indicating whether the seller is aware that any portion of the property is located in a groundwater conservation district, a subsidence district, or other special purpose district with the authority to regulate the withdrawal of groundwater.
EFFECTIVE DATE September 1, 2015.
BACKGROUND AND PURPOSE
Concerned parties note that a buyer of residential property in Texas generally does not receive notice of the existence of a groundwater conservation district or other special purpose district that might regulate groundwater underneath the property. H.B. 1221 seeks to remedy this issue.
CRIMINAL JUSTICE IMPACT
It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.
RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
ANALYSIS
H.B. 1221 amends the Property Code to add a provision to the seller's disclosure of property condition notice, required to be executed by the seller and given to the purchaser of residential real property comprising not more than one dwelling unit located in Texas, indicating whether the seller is aware that any portion of the property is located in a groundwater conservation district, a subsidence district, or other special purpose district with the authority to regulate the withdrawal of groundwater.
EFFECTIVE DATE
September 1, 2015.