Texas 2021 87th Regular

Texas Senate Bill SB1774 Introduced / Bill

Filed 03/12/2021

                    87R12894 MP-D
 By: Alvarado, et al. S.B. No. 1774


 A BILL TO BE ENTITLED
 AN ACT
 relating to the conveyance of certain real property by certain
 navigation districts.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter C, Chapter 60, Water Code, is amended
 by adding Section 60.0381 to read as follows:
 Sec. 60.0381.  CONVEYANCE OF LAND BY CERTAIN NAVIGATION
 DISTRICTS. (a)  This section applies only to a district that
 controls a ship channel or waterway that is the subject of a project
 for deepening the channel or waterway that has been authorized or
 modified by the United States Congress in the Water Resources
 Reform and Development Act of 2014 or the Water Resources
 Development Act of 2020.
 (b)  Notwithstanding any other provision of law, to the
 extent that a district has entered into a surface lease with an
 original term of at least 20 years, the district may sell the land,
 improvements, easements, or any other interests in the real
 property to the surface lease counterparty according to this
 section. The land, improvements, easements, or any other interests
 in real property may be conveyed by the district to the surface
 lease counterparty, without complying with the notice and bidding
 or other requirements of Sections 60.040-60.042.  The sale must be:
 (1)  approved by the port commission;
 (2)  executed by the chair of the port commission;
 (3)  attested by the executive director of the
 district; and
 (4)  made for an amount that is not less than the
 reasonable market value of the land, improvements paid for by the
 district, easements, or other interest in real property, as
 applicable, at the time of contracting for the sale.
 (c)  Money received from the sale of real property as
 described by this section in excess of the reasonable market value
 of the property may be used only for the purpose of deepening and
 widening of the channel or waterway.
 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, 2021.