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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the disposition of real property intended for |
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8 | 8 | | high-speed rail projects. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Subchapter B, Chapter 112, Transportation Code, |
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11 | 11 | | is amended by adding Section 112.063 to read as follows: |
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12 | 12 | | Sec. 112.063. DISPOSITION OF REAL PROPERTY ACQUIRED FOR |
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13 | 13 | | HIGH-SPEED RAIL PROJECT. (a) In this section, "high-speed rail" |
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14 | 14 | | means intercity passenger service that is reasonably expected to |
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15 | 15 | | reach speeds of at least 110 miles per hour. |
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16 | 16 | | (b) Except as provided by Subsection (d), a private entity |
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17 | 17 | | that operates or plans to operate a high-speed rail project, |
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18 | 18 | | represents itself as having the power of eminent domain, and |
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19 | 19 | | acquires real property for a high-speed rail project may not use the |
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20 | 20 | | property for any purpose other than a high-speed rail project. |
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21 | 21 | | (c) Except as provided by Subsection (d), a person from whom |
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22 | 22 | | real property is acquired by a private entity as described by |
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23 | 23 | | Subsection (b), and the person's heirs, successors, and assigns, |
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24 | 24 | | are entitled to notice and opportunity to repurchase the property |
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25 | 25 | | before all other purchasers for the price paid to the owner by the |
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26 | 26 | | entity at the time the entity acquired the property if: |
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27 | 27 | | (1) the high-speed rail project for which the property |
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28 | 28 | | was acquired is canceled before the property is used for that |
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29 | 29 | | project; |
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30 | 30 | | (2) the property is not used for the high-speed rail |
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31 | 31 | | project for which the property was acquired before the 10th |
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32 | 32 | | anniversary of the date of acquisition; or |
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33 | 33 | | (3) the property becomes unnecessary for the |
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34 | 34 | | high-speed rail project for which the property was acquired before |
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35 | 35 | | the 10th anniversary of the date of acquisition. |
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36 | 36 | | (d) Subsections (b) and (c) do not apply to real property |
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37 | 37 | | acquired by a private entity as described by Subsection (b) that is |
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38 | 38 | | not acquired through a condemnation proceeding under Chapter 21, |
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39 | 39 | | Property Code, if, before the acquisition of the property: |
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40 | 40 | | (1) the entity acquiring the property gives written |
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41 | 41 | | notice to the person from whom the property is to be acquired that |
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42 | 42 | | the property may be used for a purpose other than a high-speed rail |
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43 | 43 | | project; and |
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44 | 44 | | (2) the person from whom the property is to be acquired |
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45 | 45 | | signs a statement acknowledging that written notice was given under |
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46 | 46 | | Subdivision (1). |
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47 | 47 | | (e) This section does not affect: |
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48 | 48 | | (1) the rights of a person from whom real property is |
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49 | 49 | | acquired under Chapter 21, Property Code; or |
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50 | 50 | | (2) any statutory right of an entity with the power of |
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51 | 51 | | eminent domain. |
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52 | 52 | | (f) Notice and repurchase as required by Subsection (c) |
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53 | 53 | | shall follow the timelines and processes for notice and repurchase |
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54 | 54 | | in Chapter 21, Property Code. |
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55 | 55 | | (g) This section applies to a private entity that represents |
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56 | 56 | | itself: |
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57 | 57 | | (1) as a railroad, whether or not the entity is a |
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58 | 58 | | railroad; or |
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59 | 59 | | (2) as another entity that may exercise the power of |
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60 | 60 | | eminent domain. |
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61 | 61 | | SECTION 2. Section 112.063, Transportation Code, as added |
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62 | 62 | | by this Act, applies only to real property acquired on or after |
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63 | 63 | | September 1, 2019. |
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64 | 64 | | SECTION 3. This Act takes effect September 1, 2019. |
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