Texas 2015 84th Regular

Texas House Bill HB2076 Introduced / Bill

Filed 02/27/2015

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                    84R9936 PMO-F
 By: Oliveira H.B. No. 2076


 A BILL TO BE ENTITLED
 AN ACT
 relating to the sale of a motor vehicle, motorboat, vessel, or
 outboard motor by a possessory lienholder.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Sections 70.006(e), (f), and (h), Property Code,
 are amended to read as follows:
 (e)  After notice is given under this section to the owner of
 or the holder of a lien on the motor vehicle, motorboat, vessel, or
 outboard motor, the owner or holder of the lien may obtain
 possession of the motor vehicle, motorboat, vessel, or outboard
 motor by paying all charges due to the holder of a lien under this
 subchapter before the 31st day after the date a copy of the notice
 is filed with the county tax assessor-collector's office [the
 notice is mailed or published as provided by this section].
 (f)  If the charges are not paid before the 31st day after the
 date that a copy of the notice is filed with the county tax
 assessor-collector's office [day that the notice is mailed or
 published, as applicable], the lienholder may sell the motor
 vehicle, motorboat, vessel, or outboard motor at a public sale and
 apply the proceeds to the charges. The lienholder shall pay excess
 proceeds to the person entitled to them. The public sale may not
 take place before the 31st day after the date a copy of the notice
 required by Subsection (a) is filed with the county tax
 assessor-collector's office.
 (h)  Not later than the 15th business day after the date the
 county tax assessor-collector receives notice under this section,
 the county tax assessor-collector shall provide a copy of the
 notice that indicates the date the notice was filed with the county
 tax assessor-collector to the owner of the motor vehicle and each
 holder of a lien recorded on the certificate of title of the motor
 vehicle. Except as provided by this subsection, the county tax
 assessor-collector shall provide the notice required by this
 section in the same manner as a holder of a lien is required to
 provide a notice under this section, except that the county tax
 assessor-collector is not required to use certified mail. Notice
 under this section is required regardless of the date on which the
 charges on which the possessory lien is based accrued.
 SECTION 2.  Section 70.006, Property Code, as amended by
 this Act, applies only to the sale of a motor vehicle, motorboat,
 vessel, or outboard motor on or after the effective date of this
 Act. The sale of a motor vehicle, motorboat, vessel, or outboard
 motor before the effective date of this Act is governed by the law
 as it existed immediately before the effective date of this Act, and
 that law is continued in effect for that purpose.
 SECTION 3.  This Act takes effect September 1, 2015.