| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 84R7304 PMO-D | |
| 2 | 2 | By: Guillen H.B. No. 1576 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to requirements for reporting unclaimed mineral proceeds | |
| 8 | 8 | to the comptroller of public accounts. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 74.101, Property Code, is amended by | |
| 11 | 11 | adding Subsection (e) to read as follows: | |
| 12 | 12 | (e) A holder of mineral proceeds under Chapter 75 that is | |
| 13 | 13 | regulated by the Railroad Commission of Texas under Chapter 91, | |
| 14 | 14 | Natural Resources Code, shall include in the property report, in | |
| 15 | 15 | addition to the information listed in Subsection (c), all | |
| 16 | 16 | information required under Section 91.502(1), Natural Resources | |
| 17 | 17 | Code. | |
| 18 | 18 | SECTION 2. Section 74.101(e), Property Code, as added by | |
| 19 | 19 | this Act, applies only to a report filed on or after the effective | |
| 20 | 20 | date of this Act. A report filed before the effective date of this | |
| 21 | 21 | Act is governed by the law as it existed immediately before the | |
| 22 | 22 | effective date of this Act, and that law is continued in effect for | |
| 23 | 23 | that purpose. | |
| 24 | 24 | SECTION 3. This Act takes effect September 1, 2015. |