By:  Zbranek                                           H.B. No. 754
       73R3585 SMH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the reservation of minerals by the state in sales of
    1-3  land dedicated to the permanent school fund.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 51.054(a), Natural Resources Code, is
    1-6  amended to read as follows:
    1-7        (a)  Land dedicated to the permanent school fund shall be
    1-8  sold subject to a reservation <set by the School Land Board> of
    1-9  <not less than one-eighth of all sulphur and other mineral
   1-10  substances from which sulphur may be derived or produced and not
   1-11  less than one-sixteenth of> all <other> minerals to the state;
   1-12  provided, that if leasing rights are retained hereunder, the
   1-13  reserved minerals shall be subject to lease as provided by
   1-14  Subchapter B, Chapter 52, Natural Resources Code, and Subchapters B
   1-15  and E, Chapter 53, Natural Resources Code.  <The mineral
   1-16  reservation to the state shall be determined by the board before
   1-17  the land is offered for sale.>
   1-18        SECTION 2.  This Act takes effect September 1, 1993, and
   1-19  applies only to land sold by the state on or after that date.  The
   1-20  sale of state land before that date is governed by the law in
   1-21  effect when the land was sold, and that law is continued in effect
   1-22  for that purpose.
   1-23        SECTION 3.  The importance of this legislation and the
   1-24  crowded condition of the calendars in both houses create an
    2-1  emergency and an imperative public necessity that the
    2-2  constitutional rule requiring bills to be read on three several
    2-3  days in each house be suspended, and this rule is hereby suspended.