Texas 2023 - 88th Regular

Texas Senate Bill SB792 Latest Draft

Bill / Introduced Version Filed 02/09/2023

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                            88R8061 DRS-D
 By: Hinojosa S.B. No. 792


 A BILL TO BE ENTITLED
 AN ACT
 relating to a conveyance or bequest to a trust.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter D, Chapter 114, Property Code, is
 amended by adding Section 114.087 to read as follows:
 Sec. 114.087.  CONVEYANCE OR BEQUEST TO TRUST. A conveyance
 or bequest to a trust is considered a conveyance or bequest to the
 trustee of the trust.
 SECTION 2.  Section 114.087, Property Code, as added by this
 Act, applies to a conveyance or bequest made on, before, or after
 the effective date of this Act.
 SECTION 3.  This Act takes effect September 1, 2023.