Texas 2017 - 85th Regular

Texas House Bill HB1288

Filed
 
Out of House Committee
 
Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 

Caption

Relating to broker agreements for the leasing of real property owned by a county.

Impact

The impact of HB 1288 on state laws involves significant changes to how counties manage their real estate. By permitting a more flexible approach to broker agreements and removing previous auction requirements in certain cases, counties may streamline their processes for fluid asset management. This change could potentially increase the efficiency of local governments in selling or leasing properties and generate more revenues for county budgets by attracting a competitive bidding environment for properties.

Summary

House Bill 1288 aims to amend the Local Government Code regarding broker agreements for leasing real property owned by counties. The legislation allows county judges or commissioners courts to contract with brokers to sell or lease real estate and outlines the conditions under which these contracts can be executed. It particularly emphasizes the involvement of a multiple-listing service to ensure a broader market reach for county properties, thus enhancing transparency and competition in the leasing process.

Sentiment

The general sentiment surrounding HB 1288 appears to be cautiously optimistic among supporters who believe that the bill enhances governmental operational flexibility while promoting economic activity. However, there may exist concerns among some local government advocates about the potential for reduced oversight and how such policy shifts could affect local autonomy in property management. The debate, while generally supportive of enhanced efficiency, reflects a nuance in valuing local control versus streamlined operational processes.

Contention

Notable points of contention regarding HB 1288 center around the implications of reducing public auction requirements for property sales and leases. Critics argue that bypassing public auctions might decrease transparency and could facilitate less competitive pricing, potentially disadvantaging the public interest. Additionally, there are concerns about the adequacy of safeguards in the broker selection process, ensuring that public funds and assets are managed responsibly while promoting opportunities for genuine competition among bidders.

Companion Bills

TX SB334

Identical Relating to broker agreements for the leasing of real property owned by a county.

Previously Filed As

TX HB4844

Relating to the use of a broker for the sale of real property by the Nueces County Hospital District.

TX SB2056

Relating to the use of a broker for the sale of real property by the Nueces County Hospital District.

TX HB2987

Relating to the exemption of tangible personal property from ad valorem taxation; making conforming changes.

TX SB1789

Relating to the exemption of tangible personal property from ad valorem taxation; making conforming changes.

TX HB2514

Relating to interim studies on real property owned by the state.

TX HB5336

Relating to the powers and duties of Port Freeport; limiting the authority of certain municipalities to regulate land use by Port Freeport; and the creation of a reinvestment zone containing property owned by Port Freeport.

TX SB1668

Relating to property owners' associations, including condominium owners' associations.

TX HB4810

Relating to transactions involving dealer agreements under the Fair Practices of Equipment Manufacturers, Distributors, Wholesalers, and Dealers Act

TX HB2816

Relating to notice provided to purchasers of property and information filed with the county clerk by certain special districts.

TX HB179

Relating to the ownership of real property by certain aliens or foreign entities.

Similar Bills

No similar bills found.