Texas Senate Bill SB1349

Texas 2019 - 86th Regular

Caption

Relating to authorizing the sale of certain real property by the Texas Facilities Commission on behalf of the state.

Impact

The bill aims to streamline the process of managing and disposing of state-owned real estate in a manner that aligns with standard practices for fairness and transparency. By mandating independent appraisals, SB1349 protects taxpayer interests and aims to maximize the financial return from state assets. The explicit requirement for compliance with federal regulations, as outlined in the bill, further emphasizes the intent to adhere to legal standards governing property sales.

Summary

SB1349 authorizes the Texas Facilities Commission to sell certain real property situated in Travis County, Texas, on behalf of the state. The bill requires that any sale of the property be conducted at no less than the fair market value, which must be established through an independent appraisal. This provision ensures that state assets are managed responsibly and that the appropriate value is received in property transactions.

Sentiment

Overall, the sentiment surrounding SB1349 appears to be supportive, particularly among those advocating for efficient and accountable state governance. Legislative discussions likely highlighted the importance of maintaining the integrity of state property management, although there may have been some skepticism regarding the impact of these actions on local communities and usage of the land post-sale.

Contention

One notable point of contention may revolve around the transparency and effectiveness of the appraisal process, and whether these measures adequately safeguard against potential undervalued sales. There might be concerns regarding the implications for public space and local governments if state properties are sold and repurposed in ways that do not align with community needs or planning goals.