S.B. No. 929 amends the Texas Property Code to clarify deadlines and timing factors related to mechanic's, contractor's, or materialman's liens. Specifically, it introduces provisions that extend deadlines for providing notice or taking required actions if the last day falls on a Saturday, Sunday, or legal holiday, ensuring that the next business day is included. Additionally, the bill updates the language regarding the time of inception for certain liens, specifying that the inception date is the date of recording an affidavit of lien and that the priority of such liens is determined by this recording date.

The bill also replaces outdated references in the law, changing the sections that define the types of liens from 53.021(c), (d), or (e) to 53.021(3), (4), or (5). This change aims to modernize the legal framework governing liens and enhance clarity for those involved in construction and property transactions. The act will take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if such a vote is not achieved.

Statutes affected:
Introduced: Property Code 53.003, Property Code 53.124 (Property Code 53)
Senate Committee Report: Property Code 53.003, Property Code 53.124 (Property Code 53)
Engrossed: Property Code 53.003, Property Code 53.124 (Property Code 53)
House Committee Report: Property Code 53.003, Property Code 53.124 (Property Code 53)
Enrolled: Property Code 53.003, Property Code 53.124 (Property Code 53)