Texas 2019 - 86th Regular

Texas Senate Bill SB1352 Compare Versions

Only one version of the bill is available at this time.
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11 86R3234 MTB-F
22 By: Watson S.B. No. 1352
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the transfer, sale, or exchange of real property or an
88 interest in real property between the City of Austin and a state
99 agency.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Section 2166.052, Government Code, is amended by
1212 adding Subsection (d) to read as follows:
1313 (d) If an agreement under Subsection (c) provides for a
1414 transfer, sale, or exchange to be credited against future property
1515 or interests to be transferred, sold, or exchanged between the
1616 parties, the City of Austin may use any amount credited in the
1717 city's favor in a transfer, sale, or exchange of real property or an
1818 interest in real property with any state agency.
1919 SECTION 2. This Act takes effect immediately if it receives
2020 a vote of two-thirds of all the members elected to each house, as
2121 provided by Section 39, Article III, Texas Constitution. If this
2222 Act does not receive the vote necessary for immediate effect, this
2323 Act takes effect September 1, 2019.