S.B. No. 1282
                                        AN ACT
    1-1  relating to the authority of the School Land Board to dedicate
    1-2  permanent school fund land for public uses in exchange for
    1-3  nonmonetary consideration.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 51.052, Natural Resources Code, is
    1-6  amended by adding Subsection (j) to read as follows:
    1-7        (j)  The board, in its sole discretion and in the best
    1-8  interests of the permanent school fund as determined by the board
    1-9  and without regard to requirements of local governments as to the
   1-10  necessity of any such dedication, may dedicate permanent school
   1-11  fund land to any governmental unit for the benefit and use of the
   1-12  public in exchange for nonmonetary consideration with a value
   1-13  reasonably equivalent to or greater than the value of the dedicated
   1-14  land, if the board determines that such an exchange would benefit
   1-15  the permanent school fund.  The asset management division of the
   1-16  land office shall determine the value of the nonmonetary
   1-17  consideration and shall file a copy of its determination with the
   1-18  commissioner.  Examples of public purposes for which permanent
   1-19  school fund land may be dedicated under this subsection include but
   1-20  are not limited to:  (1)  rights-of-way for public roads,
   1-21  utilities, or other infrastructure; (2)  public schools;
   1-22  (3)  public parks; (4)  government offices or facilities;
   1-23  (5)  public recreation facilities; and (6)  residential
    2-1  neighborhood public amenities.
    2-2        SECTION 2.  The importance of this legislation and the
    2-3  crowded condition of the calendars in both houses create an
    2-4  emergency and an imperative public necessity that the
    2-5  constitutional rule requiring bills to be read on three several
    2-6  days in each house be suspended, and this rule is hereby suspended.