Bill Text: TX SB792 | 2023-2024 | 88th Legislature | Introduced

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Bill Title: Relating to a conveyance or bequest to a trust.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-03-01 - Referred to State Affairs [SB792 Detail]

Download: Texas-2023-SB792-Introduced.html

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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.