Texas 2015 - 84th Regular

Texas Senate Bill SB1535 Latest Draft

Bill / Introduced Version Filed 03/12/2015

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                            By: Burton S.B. No. 1535


 A BILL TO BE ENTITLED
 AN ACT
 relating to procedures to amend a declaration by a property owners
 association.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 209.0041(h), Property Code, is amended
 to read as follows:
 (h)  Except as provided by this subsection, a declaration may
 be amended only by a vote of 60 [67] percent of the total votes cast
 by members of [allocated to property owners in] the property
 owners' association, in addition to any governmental approval
 required by law. If the declaration contains a lower threshold
 [percentage], the threshold [percentage] in the declaration
 controls.
 SECTION 2.  The change in law made by this Act applies only
 to a vote held on or after November 1, 2015. A vote held before
 November 1, 2015, is governed by the law applicable to the election
 or vote 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.