| 1 | 1 | | 88R4453 MPF-F |
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| 2 | 2 | | By: Darby H.B. No. 5015 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the disposition of surplus real property no longer |
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| 8 | 8 | | needed for state highway purposes. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Sections 202.021(d) and (h), Transportation |
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| 11 | 11 | | Code, are amended to read as follows: |
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| 12 | 12 | | (d) The commission shall: |
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| 13 | 13 | | (1) determine the fair value of the state's interest in |
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| 14 | 14 | | the real property; and |
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| 15 | 15 | | (2) if the value is $100,000 [$10,000] or more, advise |
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| 16 | 16 | | the governor of the value. |
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| 17 | 17 | | (h) If the commission determines that the value of the real |
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| 18 | 18 | | property is less than $100,000 [$10,000], it may authorize the |
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| 19 | 19 | | executive director to execute a deed conveying the state's interest |
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| 20 | 20 | | in the property without a recommendation to the governor. |
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| 21 | 21 | | SECTION 2. Section 202.030(a), Transportation Code, is |
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| 22 | 22 | | amended to read as follows: |
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| 23 | 23 | | (a) The attorney general must approve a transfer or |
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| 24 | 24 | | conveyance that is made under this subchapter if the value of the |
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| 25 | 25 | | real property transferred or conveyed is $100,000 [$10,000] or |
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| 26 | 26 | | more. |
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| 27 | 27 | | SECTION 3. The change in law made by this Act applies only |
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| 28 | 28 | | to an interest in real property that is recommended to the governor |
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| 29 | 29 | | for sale or transfer on or after the effective date of this Act. An |
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| 30 | 30 | | interest recommended to the governor for sale or transfer before |
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| 31 | 31 | | the effective date of this Act is governed by the law in effect |
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| 32 | 32 | | immediately before the effective date of this Act, and that law is |
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| 33 | 33 | | continued in effect for that purpose. |
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| 34 | 34 | | SECTION 4. This Act takes effect immediately if it receives |
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| 35 | 35 | | a vote of two-thirds of all the members elected to each house, as |
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| 36 | 36 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 37 | 37 | | Act does not receive the vote necessary for immediate effect, this |
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| 38 | 38 | | Act takes effect September 1, 2023. |
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