74R7763 PAM-F
          By Farrar                                              H.B. No. 742
          Substitute the following for H.B. No. 742:
          By Davila                                          C.S.H.B. No. 742
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the resale of certain land acquired by a political
    1-3  subdivision.
    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 under this section.
    1-9        SECTION 2.  The importance of this legislation and the
   1-10  crowded condition of the calendars in both houses create an
   1-11  emergency and an imperative public necessity that the
   1-12  constitutional rule requiring bills to be read on three several
   1-13  days in each house be suspended, and this rule is hereby suspended.