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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of the Texas Department of Transportation |
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to sell a portion of a state highway to an airport, inland port, or |
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seaport. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 202, Transportation Code, |
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is amended by adding Section 202.034 to read as follows: |
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Sec. 202.034. SALE OF STATE HIGHWAY TO AIRPORT, INLAND |
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PORT, OR SEAPORT. (a) Notwithstanding other law, the department |
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may enter into an agreement to sell a portion of a state highway |
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that abuts an airport, inland port, or seaport to the owner or |
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operator of the airport, inland port, or seaport. |
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(b) An agreement to sell real property under this section |
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must provide for assumption of responsibility for maintenance of |
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the property by the entity that acquires the property. |
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(c) The commission: |
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(1) shall determine the fair value of the state's |
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interest in real property to be sold under this section; and |
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(2) may authorize the executive director to execute a |
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deed conveying the state's interest in the property. |
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(d) The department may not sell the state's interest in the |
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real property for an amount less than the amount determined under |
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Subsection (c)(1). |
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(e) Revenue from the sale of property under this section |
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shall be deposited to the credit of the state highway fund. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2021. |