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| 2 | + | (In the Senate - Filed January 24, 2025; February 13, 2025, |
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| 3 | + | read first time and referred to Committee on Business & Commerce; |
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| 4 | + | March 5, 2025, reported adversely, with favorable Committee |
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| 5 | + | Substitute by the following vote: Yeas 11, Nays 0; March 5, 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. 929 By: King |
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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 certain deadlines and other timing factors affecting |
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9 | 14 | | mechanic's, contractor's, or materialman's liens. |
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10 | 15 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 16 | | SECTION 1. Section 53.003(e), Property Code, is amended to |
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12 | 17 | | read as follows: |
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13 | 18 | | (e) In determining the deadline or computing the period of |
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14 | 19 | | days in which to provide a notice or to take any action required |
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15 | 20 | | under this chapter, if the deadline or the last day of the period is |
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16 | 21 | | a Saturday, Sunday, or legal holiday, the period is extended to |
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17 | 22 | | include the next day that is not a Saturday, Sunday, or legal |
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18 | 23 | | holiday. |
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19 | 24 | | SECTION 2. Section 53.124(e), Property Code, is amended to |
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20 | 25 | | read as follows: |
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21 | 26 | | (e) The time of inception of a lien that is created under |
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22 | 27 | | Section 53.021(3), (4), or (5) [53.021(c), (d), or (e)] is the date |
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23 | 28 | | of recording of an affidavit of lien under Section 53.052. The |
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24 | 29 | | priority of a lien claimed by a person entitled to a lien under |
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25 | 30 | | Section 53.021(3), (4), or (5) [53.021(c), (d), or (e)] with |
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26 | 31 | | respect to other mechanic's liens is determined by the date of |
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27 | 32 | | recording. A lien created under Section 53.021(3), (4), or (5) |
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28 | 33 | | [53.021(c), (d), or (e)] is not valid or enforceable against a |
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29 | 34 | | grantee or purchaser who acquires an interest in the real property |
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30 | 35 | | before the time of inception of the lien. |
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31 | 36 | | SECTION 3. This Act takes effect immediately if it receives |
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32 | 37 | | a vote of two-thirds of all the members elected to each house, as |
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33 | 38 | | provided by Section 39, Article III, Texas Constitution. If this |
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34 | 39 | | Act does not receive the vote necessary for immediate effect, this |
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35 | 40 | | Act takes effect September 1, 2025. |
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