Texas 2019 - 86th Regular

Texas Senate Bill SB1352 Latest Draft

Bill / Introduced Version Filed 03/01/2019

                            86R3234 MTB-F
 By: Watson S.B. No. 1352


 A BILL TO BE ENTITLED
 AN ACT
 relating to the transfer, sale, or exchange of real property or an
 interest in real property between the City of Austin and a state
 agency.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 2166.052, Government Code, is amended by
 adding Subsection (d) to read as follows:
 (d)  If an agreement under Subsection (c) provides for a
 transfer, sale, or exchange to be credited against future property
 or interests to be transferred, sold, or exchanged between the
 parties, the City of Austin may use any amount credited in the
 city's favor in a transfer, sale, or exchange of real property or an
 interest in real property with any state agency.
 SECTION 2.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution.  If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2019.