H.B. No. 2792
AN ACT
relating to the power of the Aransas County Navigation District to
determine the amount of a check or bond necessary to purchase land
from the district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter C, Chapter 5001, Special District
Local Laws Code, is amended by adding Section 5001.102 to read as
follows:
Sec. 5001.102. SECURITY FOR BIDS ON LAND TO BE SOLD.
Notwithstanding Section 60.041, Water Code, the commission may
determine the amount of the check or bond a bidder must submit with
a bid to purchase land from the district to guarantee that the
bidder will perform the terms of the purchase bid if it is accepted
by the commission.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2011.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 2792 was passed by the House on April
26, 2011, by the following vote: Yeas 148, Nays 0, 2 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 2792 was passed by the Senate on May
24, 2011, by the following vote: Yeas 30, Nays 0.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor