Texas 2023 - 88th Regular

Texas Senate Bill SR700 Latest Draft

Bill / Enrolled Version Filed 05/28/2023

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                            By: Flores S.R. No. 700


 SENATE RESOLUTION
 BE IT RESOLVED by the Senate of the State of Texas, 88th
 Legislature, Regular Session, 2023, That Senate Rule 12.03 be
 suspended in part as provided by Senate Rule 12.08 to enable the
 conference committee appointed to resolve the differences on
 House Bill 4635 (organized crime, racketeering activities, and
 collection of unlawful debts) to consider and take action on the
 following matter:
 Senate Rules 12.03(1), (2), and (3) are suspended to
 permit the committee to change, alter, or amend text not in
 disagreement by adding text on a matter not in disagreement and
 omitting text not in disagreement in proposed SECTION 6 of the
 bill, so that the text of added Section 72.01(7), Penal Code,
 reads as follows:
 (7)  "Unlawful debt" means any money or other thing
 of value constituting principal or interest of a debt that is
 wholly or partly legally unenforceable in this state because the
 debt was incurred or contracted:
 (A)  in violation of:
 (i)  the Texas Racing Act (Subtitle A-1,
 Title 13, Occupations Code, and Article 179e, Revised Civil
 Statutes);
 (ii)  Subtitle A, Title 4, Finance Code,
 or Section 11, Article XVI, Texas Constitution, relating to
 interest and usury, if the usurious rate is at least twice the
 enforceable rate; or
 (iii)  Chapter 47, relating to gambling;
 or
 (B)  in gambling activity in violation of
 federal law or in the business of lending money at a rate usurious
 under state law if the usurious rate is at least twice the
 enforceable rate.
 Explanation: The change is necessary to provide the scope
 of a usurious rate for purposes of the definition of "unlawful
 debt" and make a nonsubstantive change to a citation.
  _______________________________
  President of the Senate
  I hereby certify that the
  above Resolution was adopted by
  the Senate on May 28, 2023, by a
  viva-voce vote.
  _______________________________
  Secretary of the Senate