H.B. No. 740 1-1 AN ACT 1-2 relating to the sale by certain home-rule municipalities of land 1-3 sold pursuant to foreclosure of an ad valorem tax lien. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter A, Chapter 34, Tax Code, is amended by 1-6 adding Section 34.015 to read as follows: 1-7 Sec. 34.015. ALTERNATE MANNER OF SALE. Notwithstanding any 1-8 other provision of this subchapter, the governing body of a 1-9 municipality with a population of 1.5 million or more may provide 1-10 for the manner in which land ordered sold pursuant to foreclosure 1-11 of a tax lien in favor of the municipality may be sold if the land 1-12 is sold to a charitable organization entitled to an exemption under 1-13 Section 11.181 from ad valorem taxation on real property owned by 1-14 the organization. 1-15 SECTION 2. The importance of this legislation and the 1-16 crowded condition of the calendars in both houses create an 1-17 emergency and an imperative public necessity that the 1-18 constitutional rule requiring bills to be read on three several 1-19 days in each house be suspended, and this rule is hereby suspended, 1-20 and that this Act take effect and be in force from and after its 1-21 passage, and it is so enacted.