H.B. No. 742 1-1 AN ACT 1-2 relating to the resale of certain land acquired by certain 1-3 political subdivisions. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 34.05, Tax Code, is amended by adding 1-6 Subsection (g) to read as follows: 1-7 (g) Sections 263.001 and 272.001(a), Local Government Code, 1-8 do not apply to property sold by a taxing unit in a municipality 1-9 with a population of 1.5 million or more under this section. 1-10 SECTION 2. The importance of this legislation and the 1-11 crowded condition of the calendars in both houses create an 1-12 emergency and an imperative public necessity that the 1-13 constitutional rule requiring bills to be read on three several 1-14 days in each house be suspended, and this rule is hereby suspended.