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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 76(R)

HOUSE BILL 1539  

HOUSE AUTHOR: Pitts

EFFECTIVE: 05-24-99         

SENATE SPONSOR: Nelson

House Bill 1539 provides that a conveyance of land formerly used for the superconducting super collider research facility, conducted under a preference right to purchase that occurred before the effective date of the act, is validated as of the date it occurred. The act provides that the purchaser has perfect title to the land, subject only to the terms of the conveyance instrument, and clarifies that the act does not apply to conveyances that are the subject of a suit filed before the effective date of the act if the conveyance is ultimately determined to be invalid.