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HB 470, 57th Regular Session
Relating to amending a certain Title of a Revised Civil Statutes relating to escheat; providing for the making of reports by persons holding personal property subject to escheat, defining terms, providing for notices and determination of escheat, administrative and court procedures, sales, determination and payment of subsequent claims, examination of records, reciprocity, penalties, and Expense and Reimbursement Fund, and other related rules and procedures for enforcement of the escheat laws of the State.
Author: Charles Ervin Hughes
Coauthor: Paul Byrne Haring
Clarifying emergency matters submitted to the 57th Legislature on January 18, 1961, relating to retirement of the General Fund deficit; submitting emergency measures for deficit retirement purposes: HB 331, HB 470, HB 559, HB 334, HB 562, and HB 563Submitting emergency matters to the 57th Legislature, to reduce General Fund spending: enforcement and reporting statute to supplement the present Texas escheat law (HB 470 and HB 760); financing Colson-Briscoe farm-to-market road program (HB 562); tuition increase of $50 per semester, with continuation of tuition scholarship program (HB 933); including Texas Education Agency budget in Minimum Foundation Program financing (HB 479); financing county school superintendents and administration from local sources and allowing any county to abolish this office (recommendation of Hale-Aikin Committee, HB 909 and SB 380); redefining scholastic as pupil in average daily attendance (Hale-Aikin, HB 304 and SB 254); changing statutory allocation of certain tax revenue from Available School Fund to Minimum Foundation Fund (HB 334); and increasing collections from families of non-indigent patients in state hospitals (HB 334)
Probate--Wills & Admin of Estates
Property Interests--Personal Property
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