S.B. No. 390
                                        AN ACT
    1-1  relating to the disclosure of property valuation information to the
    1-2  owner of property to be acquired for public use.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Subchapter B, Chapter 21, Property Code, is
    1-5  amended by adding Section 21.0111 to read as follows:
    1-6        Sec. 21.0111.  DISCLOSURE OF INFORMATION REQUIRED.  (a)  A
    1-7  governmental entity with eminent domain authority that wants to
    1-8  acquire real property for a public use shall disclose to the
    1-9  property owner at the time an offer to purchase is made any and all
   1-10  existing appraisal reports produced or acquired by the governmental
   1-11  entity relating specifically to the owner's property and used in
   1-12  determining the final valuation offer.
   1-13        (b)  A property owner shall disclose to the acquiring
   1-14  governmental entity any and all existing appraisal reports produced
   1-15  or acquired by the property owner relating specifically to the
   1-16  owner's property and used in determining the owner's opinion of
   1-17  value.  Such disclosure shall take place within 10 days of receipt
   1-18  of appraisal reports but no later than 10 days prior to the special
   1-19  commissioner's hearing.  A subsequent bona fide purchaser for value
   1-20  from the governmental entity may conclusively presume that the
   1-21  requirement of this section has been met.  This section does not
   1-22  apply to acquisitions of real property for which a governmental
   1-23  entity does not have eminent domain authority.
   1-24        SECTION 2.  The change in law made by this Act applies only
    2-1  to a governmental entity with eminent domain authority in regard to
    2-2  an offer to purchase that is made on or after the effective date of
    2-3  this Act.  A governmental entity that makes an offer to purchase
    2-4  before the effective date of this Act is covered in regard to that
    2-5  offer by the law in effect when the offer was made, and the former
    2-6  law is continued in effect for that purpose.
    2-7        SECTION 3.  The importance of this legislation and the
    2-8  crowded condition of the calendars in both houses create an
    2-9  emergency and an imperative public necessity that the
   2-10  constitutional rule requiring bills to be read on three several
   2-11  days in each house be suspended, and this rule is hereby suspended.