H.B. No. 1858
    1-1                                AN ACT
    1-2  relating to the transfer of property interests owned in fee or used
    1-3  by easement from a political subdivision to one or more abutting
    1-4  property owners who own the underlying fee simple.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  Subsection (b), Section 272.001, Local Government
    1-7  Code, is amended to read as follows:
    1-8        (b)  The notice and bidding requirements of Subsection (a) do
    1-9  not apply to the types of land and real property interests
   1-10  described by this subsection and owned by a political subdivision.
   1-11  The <That> land and those interests described by this subsection
   1-12  may not be conveyed, sold, or exchanged for less than the fair
   1-13  market value of the land or interest unless the conveyance, sale,
   1-14  or exchange is with one or more abutting property owners who own
   1-15  the underlying fee simple.  The fair market value is determined by
   1-16  an appraisal obtained by the political subdivision that owns the
   1-17  land or interest, and the appraisal is conclusive of the fair
   1-18  market value of the land or interest.  This subsection applies to:
   1-19              (1)  narrow strips of land, or land that because of its
   1-20  shape or small area cannot be used independently under its current
   1-21  zoning or under applicable subdivision or other development control
   1-22  ordinances;
   1-23              (2)  streets or alleys, owned in fee or used by
    2-1  easement;
    2-2              (3)  an easement for which one or more abutting
    2-3  property owners own the underlying fee simple;
    2-4              (4)  land or a real property interest originally
    2-5  acquired for streets, rights-of-way, or easements that the
    2-6  political subdivision chooses to exchange for other land to be used
    2-7  for streets, rights-of-way, or easements, including transactions
    2-8  partly for cash;
    2-9              (5)  land that the political subdivision wants to have
   2-10  developed by contract with an independent foundation;
   2-11              (6)  a real property interest conveyed to a
   2-12  governmental entity that has the power of eminent domain; or
   2-13              (7)  a municipality's land that is located in a
   2-14  reinvestment zone designated as provided by law and that the
   2-15  municipality desires to have developed under a project plan adopted
   2-16  by the municipality for the zone.
   2-17        SECTION 2.  The importance of this legislation and the
   2-18  crowded condition of the calendars in both houses create an
   2-19  emergency and an imperative public necessity that the
   2-20  constitutional rule requiring bills to be read on three several
   2-21  days in each house be suspended, and this rule is hereby suspended.