Old | New | Differences | |
---|---|---|---|
1 | 1 | 86R3234 MTB-F | |
2 | 2 | By: Watson S.B. No. 1352 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the transfer, sale, or exchange of real property or an | |
8 | 8 | interest in real property between the City of Austin and a state | |
9 | 9 | agency. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Section 2166.052, Government Code, is amended by | |
12 | 12 | adding Subsection (d) to read as follows: | |
13 | 13 | (d) If an agreement under Subsection (c) provides for a | |
14 | 14 | transfer, sale, or exchange to be credited against future property | |
15 | 15 | or interests to be transferred, sold, or exchanged between the | |
16 | 16 | parties, the City of Austin may use any amount credited in the | |
17 | 17 | city's favor in a transfer, sale, or exchange of real property or an | |
18 | 18 | interest in real property with any state agency. | |
19 | 19 | SECTION 2. This Act takes effect immediately if it receives | |
20 | 20 | a vote of two-thirds of all the members elected to each house, as | |
21 | 21 | provided by Section 39, Article III, Texas Constitution. If this | |
22 | 22 | Act does not receive the vote necessary for immediate effect, this | |
23 | 23 | Act takes effect September 1, 2019. |