Texas 2023 - 88th Regular

Texas House Bill HB2428 Latest Draft

Bill / Introduced Version Filed 02/16/2023

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                            88R8725 KBB-D
 By: Raney H.B. No. 2428


 A BILL TO BE ENTITLED
 AN ACT
 relating to requirements for a vote to amend certain dedicatory
 instruments 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)  A [Except as provided by Subsection (h-1) or (h-2), a]
 declaration may be amended only by a vote of 67 percent of the
 [total votes allocated to] property owners entitled to vote on the
 amendment of the declaration and present in person or by proxy at
 the time the vote is taken, in addition to any governmental approval
 required by law.
 SECTION 2.  Sections 209.0041(h-1) and (h-2), Property Code,
 are repealed.
 SECTION 3.  The change in law made by this Act applies only
 to a vote held on or after the effective date of this Act.  A vote
 held before the effective date of this Act is governed by the law as
 it existed immediately before that date, and that law is continued
 in effect for that purpose.
 SECTION 4.  This Act takes effect September 1, 2023.