Enrolled Bill Summary

House Bill 122 amends the Local Government Code to authorize certain municipalities to transfer real property or an interest in real property to a nonprofit organization without complying with certain notice and competitive bidding requirements under an agreement that requires the organization to use the property in a manner that promotes a public purpose of the municipality. The agreement and the instrument of transfer in such cases must stipulate that if the organization fails to use the property for a public purpose, ownership of the land reverts to the municipality. If the property lies outside of the municipality's corporate limits and outside the county where 80 percent of the municipality's residents live, the bill requires the municipality to obtain consent from the commissioners court of the county where the property is located.