By De La Garza, Bailey H.B. No. 1469 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the treatment for tax purposes of property held and 1-3 used for public purposes pursuant to an interlocal contract between 1-4 political subdivisions. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Section 791.013, Government Code, is amended by 1-7 adding Subsection (c) to read as follows: 1-8 (c) All property that is held and used for public purposes 1-9 by the administrative agency or designated local government shall 1-10 be exempt from or subject to taxation in the same manner as if the 1-11 property was held and used by the participating political 1-12 subdivisions. 1-13 SECTION 2. The importance of this legislation and the 1-14 crowded condition of the calendars in both houses create an 1-15 emergency and an imperative public necessity that the 1-16 constitutional rule requiring bills to be read on three several 1-17 days in each house be suspended, and this rule is hereby suspended.