HB 5417
AN ACT relating to a bona fide offer for the acquisition of real property
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to a bona fide offer for the acquisition of real property
Bill Text
relating to a bona fide offer for the acquisition of real property BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 21.0113(b), Property Code, is amended to (b) An entity with eminent domain authority has made a bona (1) an initial offer is made in writing to a property (A) a copy of the landowner's bill of rights statement prescribed by Section 402.031, Government Code, including the addendum prescribed by Section 402.031(c-1), Government Code, if applicable; (B) a statement, in bold print and a larger font than the other portions of the offer, indicating whether the compensation being offered includes: (i) damages to the remainder, if any, of the property owner's remaining property; or (ii) an appraisal of the property, including damages to the remainder, if any, prepared by a certified appraiser certified to practice as a certified general appraiser under Chapter 1103, Occupations Code; (C) an instrument of conveyance, provided that if the entity is a private entity as defined by Section 21.0114(a), the instrument must comply with Section 21.0114, as applicable, unless: (i) the entity has previously provided an instrument complying with Section 21.0114; (ii) the property owner desires to use an instrument different than one complying with Section 21.0114 and consents in writing to use a different instrument; or (iii) the property owner provided the entity with the instrument prior to the issuance of the initial (D) the name and telephone number of a representative of the entity who is: (i) an employee of the entity; (ii) an employee of an affiliate providing services on behalf of the entity; (iii) a legal representative of the entity; (iv) if the entity does not have employees, an individual designated to represent the day-to-day operations of (2) a final offer is made in writing to the property (3) the final offer is made on or after: (A) the 30th day after the date on which the entity makes a written initial offer to the property owner, if the final offer is equal to or higher than the initial offer; or (B) the 60th day after the date on which the entity makes a written initial offer to the property owner, if the final offer is lower than the initial offer; (4) before making a final offer, the entity obtains a written appraisal from a certified appraiser of the value of the property being acquired and the damages, if any, to any of the property owner's remaining property; (5) the final offer is equal to or greater than the amount of the written appraisal obtained by the entity; (6) the following items are included with the final offer or have been previously provided to the owner by the entity: (A) a copy of the written appraisal; (B) a copy of the deed, easement, or other instrument conveying the property sought to be acquired; and (C) the landowner's bill of rights statement prescribed by Section 21.0112; and (7) the entity provides the property owner with at least 14 days to respond to the final offer and the property owner does not agree to the terms of the final offer within that period. SECTION 2. The change in law made by this Act applies only to the acquisition of real property in connection with an initial offer made under Section 21.0113, Property Code, as amended by this Act, on or after the effective date of this Act. An acquisition of real property in connection with an initial offer made under Section 21.0113, Property Code, as amended by this Act, before the effective date of this Act is governed by the law applicable to the acquisition 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, 2025.
Bill History
Bill filed: AN ACT relating to a bona fide offer for the acquisition of real property
Related Guides
Learn more about tracking Texas legislation and working with lobbyists.
How to Read & Track Texas Bills
Master bill numbering, understand legislative language, and learn effective tracking strategies.
Understanding Texas Legislative Deadlines
Navigate the 140-day session with critical calendar dates and filing deadlines.
How Laws Get Made in Texas
Follow a bill's journey from filing to the governor's desk through committees and floor votes.
When Should Your Business Hire a Lobbyist?
Discover the signs that your business needs professional advocacy at the Texas Capitol.