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Senate Bill 1774 |
Senate Author: Alvarado et al. |
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Effective: 5-26-21 |
House Sponsor: Canales |
Senate Bill 1774 amends the Water Code to authorize certain navigation districts to sell property for purposes of funding projects under the federal Water Resources Development Acts to deepen and widen their respective channels. Among other provisions, the bill exempts the conveyance of the property from certain notice and bidding requirements, restricts the use of money received from the sale in excess of the sum of the reasonable market value of the property, and prohibits the sale of the property to an entity that presents an undue security or safety risk to the state.