By: Rosson S.B. No. 1282 A BILL TO BE ENTITLED 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 non-monetary consideration: 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Chapter 51, Natural Resources Code, is amended by 1-6 adding Section 51.052(j) to read as follows: 1-7 Sec. 51.052. CONDITIONS FOR SALE OF LAND. 1-8 (j) The board, in its sole discretion and in the best 1-9 interests of the permanent school fund as determined by the board, 1-10 and without regard to requirements of local governments as to the 1-11 necessity of any such dedication, may dedicate permanent school 1-12 fund land to any governmental unit for the benefit and use of the 1-13 public in exchange for non-monetary consideration with a value 1-14 reasonably equivalent to or greater than the value of the dedicated 1-15 land, if the board determines that such an exchange would benefit 1-16 the permanent school fund. The asset management division of the 1-17 land office shall determine the value of the non-monetary 1-18 consideration, and shall file a copy of its determination with the 1-19 commissioner. Examples of public purposes for which permanent 1-20 school fund land may be dedicated under this subsection include, 1-21 but are not limited to, (i) rights-of-way for public roads, 1-22 utilities, or other infrastructure, (ii) public schools, 1-23 (iii) public parks, (iv) government offices or facilities, 2-1 (v) public recreation facilities, and (vi) residential 2-2 neighborhood public amenities. 2-3 SECTION 2. The importance of this legislation and the 2-4 crowded condition of the calendars in both houses create an 2-5 emergency and an imperative public necessity that the 2-6 constitutional rule requiring bills to be read on three several 2-7 days in each house be suspended, and this rule is hereby suspended.