1-1 By: Farrar (Senate Sponsor - Ellis) H.B. No. 742
1-2 (In the Senate - Received from the House May 8, 1995;
1-3 May 9, 1995, read first time and referred to Committee on
1-4 Intergovernmental Relations; May 17, 1995, reported favorably, as
1-5 amended, by the following vote: Yeas 9, Nays 0; May 17, 1995, sent
1-6 to printer.)
1-7 COMMITTEE AMENDMENT NO. 1 By: Ellis
1-8 Amend HB 742 as follows:
1-9 In Subsection (g) add
1-10 "in a municipality with a population of 1.5 million or more" after
1-11 the word "unit".
1-12 A BILL TO BE ENTITLED
1-13 AN ACT
1-14 relating to the resale of certain land acquired by a political
1-15 subdivision.
1-16 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-17 SECTION 1. Section 34.05, Tax Code, is amended by adding
1-18 Subsection (g) to read as follows:
1-19 (g) Sections 263.001 and 272.001(a), Local Government Code,
1-20 do not apply to property sold by a taxing unit under this section.
1-21 SECTION 2. The importance of this legislation and the
1-22 crowded condition of the calendars in both houses create an
1-23 emergency and an imperative public necessity that the
1-24 constitutional rule requiring bills to be read on three several
1-25 days in each house be suspended, and this rule is hereby suspended.
1-26 * * * * *