Texas 2009 - 81st Regular

Texas House Bill HB3031

Filed

Out of House Committee

4/20/09

Voted on by House

4/29/09

Out of Senate Committee

5/12/09

Voted on by Senate

5/15/09

Governor Action

5/27/09

Bill Becomes Law

Enrolled

5/18/09

Passed

5/27/09

Caption

Relating to the sale by the Brazos River Authority of certain residential and commercial leased lots and other real property in the immediate vicinity of Possum Kingdom Lake.

Impact

The bill has significant implications for state laws governing local property transactions, particularly those concerning lease agreements and ownership rights. It permits the Authority to execute sales of land while preserving certain interests in the property, such as buffer zones governed by the Federal Energy Regulatory Commission (FERC) regulations. The legislation aims to streamline the transfer process of these lands, potentially leading to increased property development and individual ownership opportunities in the historically leased areas surrounding the lake.

Summary

House Bill 3031 addresses the sale of certain residential and commercial leased lots, along with other real property, in the vicinity of Possum Kingdom Lake. Specifically, the bill amends Chapter 8502 of the Special District Local Laws Code, introducing provisions for the Brazos River Authority to dispose of interest in lands it owns at the Lake. The objective of this bill is to facilitate property ownership transitions while outlining the responsibilities and rights of both the authority and the purchasers or leaseholders involved in these transactions.

Contention

Notable points of contention arise from the implications regarding ownership rights and the administrative control retained by the Authority. Stakeholders have voiced concerns about the buffer zones that remain under the jurisdiction of the FERC, which could limit how new owners utilize or develop their properties. Additionally, there are apprehensions about the long-term environmental management of the area, especially concerning water rights and the impact of ownership changes on local ecosystems. As a result, the balance between facilitating property sales and maintaining ecological protections presents a significant challenge in implementing this bill.

Companion Bills

No companion bills found.

Previously Filed As

TX SB864

Relating to certain seller's disclosures for the sale of residential real property.

TX HB697

Relating to seller's disclosures regarding fuel gas piping in residential real property.

TX HB178

Relating to verification of identity and employment authorization in connection with certain contracts for or concerning the conveyance of residential real property and residential leases.

TX HB1256

Relating to seller's disclosure notice concerning special districts in which residential real property is located.

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 HB5398

Relating to the creation of the West Lake Ranch Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX HB3436

Relating to the authority of the Texas Military Department to negotiate the release of a reversionary interest and certain other interests of the state in certain property in Palo Pinto County owned by the Palo Pinto County Livestock Association.

TX HB2815

Relating to the powers, authorities, duties, and responsibilities of certain conservation and reclamation districts and to notice a person who proposes to sell or convey real property located in any of certain conservation and reclamation districts must provide to a prospective purchaser of that property.

TX SB1787

Relating to size and density requirements for residential lots in certain municipalities; authorizing a fee.

TX HB2989

Relating to a limitation on increases in the appraised value of certain commercial real property for ad valorem tax purposes.