1-1 By: Farrar (Senate Sponsor - Ellis) H.B. No. 740 1-2 (In the Senate - Received from the House May 4, 1995; 1-3 May 5, 1995, read first time and referred to Committee on 1-4 Intergovernmental Relations; May 17, 1995, reported favorably by 1-5 the following vote: Yeas 8, Nays 0; May 17, 1995, sent to 1-6 printer.) 1-7 A BILL TO BE ENTITLED 1-8 AN ACT 1-9 relating to the sale by certain home-rule municipalities of land 1-10 sold pursuant to foreclosure of an ad valorem tax lien. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. Subchapter A, Chapter 34, Tax Code, is amended by 1-13 adding Section 34.015 to read as follows: 1-14 Sec. 34.015. ALTERNATE MANNER OF SALE. Notwithstanding any 1-15 other provision of this subchapter, the governing body of a 1-16 municipality with a population of 1.5 million or more may provide 1-17 for the manner in which land ordered sold pursuant to foreclosure 1-18 of a tax lien in favor of the municipality may be sold if the land 1-19 is sold to a charitable organization entitled to an exemption under 1-20 Section 11.181 from ad valorem taxation on real property owned by 1-21 the organization. 1-22 SECTION 2. The importance of this legislation and the 1-23 crowded condition of the calendars in both houses create an 1-24 emergency and an imperative public necessity that the 1-25 constitutional rule requiring bills to be read on three several 1-26 days in each house be suspended, and this rule is hereby suspended, 1-27 and that this Act take effect and be in force from and after its 1-28 passage, and it is so enacted. 1-29 * * * * *