Texas 2015 - 84th Regular

Texas House Bill HB257 Compare Versions

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1-By: Farney, et al. (Senate Sponsor - Huffman) H.B. No. 257
2- (In the Senate - Received from the House May 11, 2015;
3- May 12, 2015, read first time and referred to Committee on State
4- Affairs; May 21, 2015, reported favorably by the following vote:
5- Yeas 9, Nays 0; May 21, 2015, sent to printer.)
6-Click here to see the committee vote
1+H.B. No. 257
72
83
9- A BILL TO BE ENTITLED
104 AN ACT
115 relating to a judge's or justice's significant interest in a
126 business entity that owns, manages, or operates a private
137 correctional or rehabilitation facility.
148 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
159 SECTION 1. Section 21.010(b), Government Code, is amended
1610 to read as follows:
1711 (b) A justice or judge is considered to have a significant
1812 interest in a business entity described by Subsection (a) for
1913 purposes of this section if:
2014 (1) the justice or judge owns any voting stock or share
2115 or has a direct investment in the business entity [that represents
2216 the lesser of at least 10 percent or $15,000 of the fair market
2317 value of the business entity]; or
2418 (2) the justice or judge receives money from the
2519 business entity.
2620 SECTION 2. This Act takes effect January 1, 2017.
27- * * * * *
21+ ______________________________ ______________________________
22+ President of the Senate Speaker of the House
23+ I certify that H.B. No. 257 was passed by the House on May 8,
24+ 2015, by the following vote: Yeas 142, Nays 0, 2 present, not
25+ voting.
26+ ______________________________
27+ Chief Clerk of the House
28+ I certify that H.B. No. 257 was passed by the Senate on May
29+ 26, 2015, by the following vote: Yeas 31, Nays 0.
30+ ______________________________
31+ Secretary of the Senate
32+ APPROVED: _____________________
33+ Date
34+ _____________________
35+ Governor