Texas 2023 - 88th Regular

Texas Senate Bill SB792 Compare Versions

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11 88R8061 DRS-D
22 By: Hinojosa S.B. No. 792
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to a conveyance or bequest to a trust.
88 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
99 SECTION 1. Subchapter D, Chapter 114, Property Code, is
1010 amended by adding Section 114.087 to read as follows:
1111 Sec. 114.087. CONVEYANCE OR BEQUEST TO TRUST. A conveyance
1212 or bequest to a trust is considered a conveyance or bequest to the
1313 trustee of the trust.
1414 SECTION 2. Section 114.087, Property Code, as added by this
1515 Act, applies to a conveyance or bequest made on, before, or after
1616 the effective date of this Act.
1717 SECTION 3. This Act takes effect September 1, 2023.