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These 3 Texas laws take effect Jan. 1

Published on December 30, 2016 under CommunityImpact

Before the 85th Legislative Session begins Jan. 10, three laws passed by the 84th Texas Legislature will take effect across the state Jan. 1. House Bill 257 Authored by Rep. Marsha Farney, R-Georgetown, the act prohibits¬†a justice or judge from owning any voting stock in a business entity that owns, manages or operates a private correctional or rehabilitation facility. The act decreases the amount of voting stock permitted from 10 percent or $15,000 of fair market value to none. As stated in the bill analysis presented to the Texas Legislature, “The parties contend that it is a conflict for a […]

The post These 3 Texas laws take effect Jan. 1 appeared first on Community Impact Newspaper.

Source: Community Impact- Round Rock

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