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TX HB5137
Bill
Status
5/10/2025
Primary Sponsor
Terry Wilson
Click for details
AI Summary
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Allows motor vehicle owners to designate multiple beneficiaries (rather than only a sole beneficiary) to receive the vehicle upon the owner's death through a transfer-on-death designation
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Beneficiary designations remain revocable and can be changed at any time without the consent of any designated beneficiaries
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If any designated beneficiary survives the owner by 120 hours, the vehicle transfers to each surviving beneficiary; if all beneficiaries fail to survive by 120 hours, the designation lapses
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Requires all beneficiaries to jointly submit a title application within 180 days of the owner's death (or last surviving joint owner's death) along with proof of death to complete the transfer
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Takes effect September 1, 2025
Legislative Description
Relating to a beneficiary designation that transfers a motor vehicle to one or more beneficiaries at the owner's death.
Vehicles & Traffic
Last Action
Referred to Jurisprudence
5/13/2025