85R6980 PMO-D
	By: Wray	H.B. No. 1128

	A BILL TO BE ENTITLED
	AN ACT
	relating to alternative dates for sale of property under contract
	lien.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Sections 51.002, Property Code, is amended by
	amending Subsection (a) and adding Subsection (a-1) to read as
	follows:
	(a)  Except as provided by Subsection (a-1), a [A] sale of
	real property under a power of sale conferred by a deed of trust or
	other contract lien must be a public sale at auction held between 10
	a.m. and 4 p.m. of the first Tuesday of a month. Except as provided
	by Subsection (h), the sale must take place at the county courthouse
	in the county in which the land is located, or if the property is
	located in more than one county, the sale may be made at the
	courthouse in any county in which the property is located. The
	commissioners court shall designate the area at the courthouse
	where the sales are to take place and shall record the designation
	in the real property records of the county. The sale must occur in
	the designated area. If no area is designated by the commissioners
	court, the notice of sale must designate the area where the sale
	covered by that notice is to take place, and the sale must occur in
	that area.
	(a-1)  If the first Tuesday of the month occurs on January 1
	or July 4, a public sale under Subsection (a) must be held between
	10 a.m. and 4 p.m. of the first Wednesday of the month.
	SECTION 2.  Section 51.002, Property Code, as amended by
	this Act, applies only to a sale for which a notice is required
	under Section 51.002, Property Code, on or after the effective date
	of this Act. A sale for which notice is required under Section
	51.002, Property Code, before the effective date of this Act is
	governed by the law in effect immediately before the effective date
	of this Act, and that law is continued in effect for that purpose.
	SECTION 3.  This Act takes effect September 1, 2017.