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  H.B. No. 62
 
 
 
 
AN ACT
  relating to a justice or judge having an interest in a business
  entity that owns, manages, or operates a private correctional or
  rehabilitation facility.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Chapter 21, Government Code, is amended by
  adding Section 21.010 to read as follows:
         Sec. 21.010.  FINANCIAL INTEREST IN PRIVATE CORRECTIONAL AND
  REHABILITATION FACILITIES PROHIBITED. (a)  A justice or judge, as
  applicable, of the supreme court, the court of criminal appeals, a
  court of appeals, a district court, a county court, a county court
  at law, or a statutory probate court may not, on the date the person
  takes office as a justice or judge or while serving as a justice or
  judge, have a significant interest in a business entity that owns,
  manages, or operates:
               (1)  a community residential facility described by
  Section 508.119;
               (2)  a correctional or rehabilitation facility subject
  to Chapter 244, Local Government Code; or
               (3)  any other facility intended to accomplish a
  purpose or provide a service described by Section 508.119(a) to a
  person convicted of a misdemeanor or felony or found to have engaged
  in delinquent conduct who is housed in the facility:
                     (A)  while serving a sentence of confinement
  following conviction of an offense or an adjudication of delinquent
  conduct; or
                     (B)  as a condition of community supervision,
  probation, parole, or mandatory supervision.
         (b)  A justice or judge is considered to have a significant
  interest in a business entity described by Subsection (a) for
  purposes of this section if:
               (1)  the justice or judge owns any voting stock or share
  or has a direct investment in the business entity that represents
  the lesser of at least 10 percent or $15,000 of the fair market
  value of the business entity; or
               (2)  the justice or judge receives money from the
  business entity.
         (c)  A violation of this section by a justice or judge is
  considered a violation of Canon 4D(1), Code of Judicial Conduct.  A
  justice or judge who has an interest in a business entity that is
  prohibited by this section must report the interest to the State
  Commission on Judicial Conduct.
         SECTION 2.  This Act takes effect January 1, 2015.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 62 was passed by the House on April
  25, 2013, by the following vote:  Yeas 136, Nays 0, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 62 was passed by the Senate on May 17,
  2013, by the following vote:  Yeas 29, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor