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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 88(R)

Senate Bill 543

Senate Author:  Blanco

Effective:  5-24-23

House Sponsor:  Ordaz


            Senate Bill 543 amends the Local Government Code to authorize a municipality that has entered into an economic development agreement with an entity for the administration of an economic development program to transfer to that entity real property or an interest in real property for consideration, subject to certain conditions. The bill requires a municipality to provide public notice within 10 days before the date of the transfer.