Enrolled Bill Summary
Legislative Session: 76(R)HOUSE BILL 2388 |
HOUSE AUTHOR: Solis, Jim |
EFFECTIVE: Vetoed |
SENATE SPONSOR: Madla |
House Bill 2388 amends the Local Government Code to authorize a commissioners court to sell or lease county-owned property as part of an economic development program. The act exempts such transactions from the competitive bidding process and authorizes the sale of such property for less than the appraised fair market value under limited circumstances.