1 | 1 | | 86R989 TSR-D |
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2 | 2 | | By: Bohac H.B. No. 4565 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the relocation of certain licensed pawnshops. |
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8 | 8 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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9 | 9 | | SECTION 1. Section 371.059(b), Finance Code, is amended to |
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10 | 10 | | read as follows: |
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11 | 11 | | (b) In a county with a population of 250,000 or more, the |
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12 | 12 | | commissioner shall approve an application for: |
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13 | 13 | | (1) an original license to operate a pawnshop at a |
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14 | 14 | | facility that is not an existing licensed pawnshop at the time the |
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15 | 15 | | application is filed if the proposed facility is not located within |
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16 | 16 | | two miles of a licensed pawnshop; and |
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17 | 17 | | (2) the relocation of a licensed pawnshop to a |
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18 | 18 | | facility that [is not an existing licensed pawnshop] at the time the |
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19 | 19 | | application is filed [if the facility where the pawnshop is to be |
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20 | 20 | | relocated] is not located within one mile of a licensed pawnshop[; |
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21 | 21 | | and |
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22 | 22 | | [(3) the relocation of a licensed pawnshop if at the |
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23 | 23 | | time the application is filed the pawnshop has been in operation at |
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24 | 24 | | its current location for at least three years, and the facility |
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25 | 25 | | where the pawnshop is to be relocated is either within one mile of |
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26 | 26 | | its existing location or, if in excess of one mile from its existing |
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27 | 27 | | location, not within one mile of another existing operating |
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28 | 28 | | pawnshop]. |
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29 | 29 | | SECTION 2. Section 371.059(c), Finance Code, is repealed. |
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30 | 30 | | SECTION 3. Section 371.059, Finance Code, as amended by |
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31 | 31 | | this Act, applies only to an application for the relocation of a |
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32 | 32 | | pawnshop filed on or after the effective date of this Act. An |
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33 | 33 | | application for the relocation of a pawnshop filed before the |
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34 | 34 | | effective date of this Act is governed by the law in effect on the |
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35 | 35 | | date the application was filed, and the former law is continued in |
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36 | 36 | | effect for that purpose. |
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37 | 37 | | SECTION 4. This Act takes effect September 1, 2019. |
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