Texas House Bill HB2892

Texas 2013 - 83rd Regular

Caption

Relating to the authority of the board of regents of The Texas A&M University System to dispose of real property and mineral interests under its jurisdiction.

Impact

The amendment to Section 85.25(b) of the Education Code signifies a shift in how the Texas A&M University System can manage its real estate and associated assets. The bill intends to streamline processes for the disposal of property, possibly leading to increased efficiency in managing university resources. One significant implication is that it could facilitate partnerships with additional governmental units or private entities, promoting economic development through collaborative projects involving university land.

Summary

House Bill 2892 aims to amend the authority of the board of regents of The Texas A&M University System regarding real property and mineral interests under its jurisdiction. The proposed changes allow the board greater discretion in granting, selling, leasing, or otherwise disposing of lands and mineral interests, which are not part of the main campus of Texas A&M. This flexibility is intended to enable the board to act in the public interest by making decisions that reflect the current needs and potential opportunities associated with their properties.

Contention

While the bill appears to have substantial support on the surface due to its alignment with institutional flexibility, it may raise concerns among stakeholders about transparency and oversight in the disposal of such valuable assets. Critics argue that broadening the board's authority without sufficient checks could lead to decisions that do not reflect the best interests of the university community. Additionally, the amendment's removal of existing regulations in Sections 85.25(c) and (d) raises questions about the potential long-term impacts and whether adequate safeguards remain in place.