By De La Garza 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 Sec. 791.013. CONTRACT SUPERVISION AND ADMINISTRATION 1-9 (a) The parties to an interlocal contract may create an 1-10 administrative agency or designate an existing local government to 1-11 supervise the performance of the contract. 1-12 (b) The agency or designated local government may employ 1-13 personnel, perform administrative activities, and provide 1-14 administrative services necessary to perform the interlocal 1-15 contract. 1-16 (c) All property that is held and used for public purposes 1-17 by the administrative agency or designated local government shall 1-18 be exempt from or subject to taxation in the same manner as if the 1-19 property was held and used by the participating political 1-20 subdivisions. 1-21 SECTION 2. The importance of this legislation and the 1-22 crowded condition of the calendars in both houses create an 1-23 emergency and an imperative public necessity that the 2-1 constitutional rule requiring bills to be read on three several 2-2 days in each house be suspended, and this rule is hereby suspended.