1 | | - | By: Schwertner, Hall S.B. No. 291 |
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| 1 | + | By: Schwertner S.B. No. 291 |
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| 2 | + | (In the Senate - Filed November 12, 2024; February 3, 2025, |
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| 3 | + | read first time and referred to Committee on State Affairs; |
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| 4 | + | March 31, 2025, reported adversely, with favorable Committee |
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| 5 | + | Substitute by the following vote: Yeas 9, Nays 0; March 31, 2025, |
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| 6 | + | sent to printer.) |
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| 7 | + | Click here to see the committee vote |
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| 8 | + | COMMITTEE SUBSTITUTE FOR S.B. No. 291 By: Paxton |
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4 | 9 | | |
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5 | 10 | | |
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6 | 11 | | A BILL TO BE ENTITLED |
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7 | 12 | | AN ACT |
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8 | 13 | | relating to the failure to disclose certain appraisal reports by an |
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9 | 14 | | entity with eminent domain authority in connection with an offer to |
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10 | 15 | | acquire real property. |
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11 | 16 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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12 | 17 | | SECTION 1. Section 21.0111(a), Property Code, is amended to |
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13 | 18 | | read as follows: |
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14 | 19 | | (a) An entity with eminent domain authority that wants to |
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15 | 20 | | acquire real property for a public use shall, by certified mail, |
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16 | 21 | | return receipt requested, disclose to the property owner at the |
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17 | 22 | | time an offer to purchase or lease the property is made any and all |
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18 | 23 | | appraisal reports produced or acquired by the entity relating |
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19 | 24 | | specifically to the owner's property and prepared in the 10 years |
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20 | 25 | | preceding the date of the offer. An entity that fails to meet the |
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21 | 26 | | requirements of this subsection is liable to the owner for |
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22 | 27 | | reasonable attorney's fees incurred by the owner to obtain a |
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23 | 28 | | disclosure required by this subsection. |
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24 | 29 | | SECTION 2. The change in law made by this Act applies only |
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25 | 30 | | to the acquisition of real property in connection with an initial |
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26 | 31 | | offer made under Section 21.0113, Property Code, on or after the |
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27 | 32 | | effective date of this Act. An acquisition of real property in |
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28 | 33 | | connection with an initial offer made under Section 21.0113, |
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29 | 34 | | Property Code, before the effective date of this Act is governed by |
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30 | 35 | | the law applicable to the acquisition immediately before the |
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31 | 36 | | effective date of this Act, and that law is continued in effect for |
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32 | 37 | | that purpose. |
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33 | 38 | | SECTION 3. This Act takes effect September 1, 2025. |
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