81R10398 SMH-F
By: Hilderbran H.B. No. 4304
A BILL TO BE ENTITLED
AN ACT
relating to the granting or renewal of certain easements on or
leases of certain university land.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 66.46, Education Code, is amended by
adding Subsection (c-1) and amending Subsection (d) to read as
follows:
(c-1) The board of regents may grant or renew an easement on
or lease of university land for new electric or telephone
facilities, or for the extension of existing electric or telephone
facilities, that are eligible for financing under the Rural
Electrification Act of 1936 (7 U.S.C. Section 901 et seq.) without
regard to whether the grantee or lessee applied for financing of the
facilities under that Act.
(d) An easement under this section may not be granted for a
term that is longer than 10 years, but the easement may be renewed
by the board of regents. The rent to be charged for an easement
under this section shall be an amount agreed to by the grantee and
the board, except that any annual privilege fee for an easement
under Subsection (c-1) may not exceed 2-1/2 cents a lineal rod a
year.
SECTION 2. This Act takes effect September 1, 2009.