Texas House Bill HB2634

Texas 2009 - 81st Regular

Caption

Relating to disposition of proceeds from the development or sale of the rights to natural resources or minerals in land held for the county permanent school fund.

Impact

If passed, the bill allows counties within the specified demographic parameters to not only engage in the development or sale of these resources but also receive reimbursement for related expenses incurred during such transactions. This reimbursement is contingent on the agreement by the school district(s) for which the land is held in trust. The intent is to streamline processes and ensure that counties can manage their resources efficiently while still supporting educational funds.

Summary

House Bill 2634 seeks to amend the Education Code of Texas, specifically addressing the management of natural resources and mineral rights in land held for the county permanent school fund. The bill permits counties that share a border with the United Mexican States and have populations exceeding 190,000 but less than 250,000 to develop or sell these rights. This significant move is aimed at increasing revenues for counties through the strategic use of their natural resources, thus enhancing funding opportunities for education.

Contention

The bill's effectiveness hinges on a constitutional amendment proposed by the 81st Legislature that allows counties to recover expenses from proceeds of the county permanent school fund. This aspect could lead to political contention, as it requires voter approval to be enacted. Potential opposition might arise from stakeholders concerned about the management of natural resources and the implications on local education funding, making it a notable point of discussion in legislative assemblies.