1-1  By:  Rosson                                           S.B. No. 1282
    1-2        (In the Senate - Filed March 10, 1995; March 20, 1995, read
    1-3  first time and referred to Committee on Natural Resources;
    1-4  April 7, 1995, reported favorably by the following vote:  Yeas 7,
    1-5  Nays 0; April 7, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to the authority of the School Land Board to dedicate
    1-9  permanent school fund land for public uses in exchange for
   1-10  nonmonetary consideration.
   1-11        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-12        SECTION 1.  Section 51.052, Natural Resources Code, is
   1-13  amended by adding Subsection (j) to read as follows:
   1-14        (j)  The board, in its sole discretion and in the best
   1-15  interests of the permanent school fund as determined by the board
   1-16  and without regard to requirements of local governments as to the
   1-17  necessity of any such dedication, may dedicate permanent school
   1-18  fund land to any governmental unit for the benefit and use of the
   1-19  public in exchange for nonmonetary consideration with a value
   1-20  reasonably equivalent to or greater than the value of the dedicated
   1-21  land, if the board determines that such an exchange would benefit
   1-22  the permanent school fund.  The asset management division of the
   1-23  land office shall determine the value of the nonmonetary
   1-24  consideration and shall file a copy of its determination with the
   1-25  commissioner.  Examples of public purposes for which permanent
   1-26  school fund land may be dedicated under this subsection include but
   1-27  are not limited to:  (1)  rights-of-way for public roads,
   1-28  utilities, or other infrastructure; (2)  public schools;
   1-29  (3)  public parks; (4)  government offices or facilities;
   1-30  (5)  public recreation facilities; and (6)  residential
   1-31  neighborhood public amenities.
   1-32        SECTION 2.  The importance of this legislation and the
   1-33  crowded condition of the calendars in both houses create an
   1-34  emergency and an imperative public necessity that the
   1-35  constitutional rule requiring bills to be read on three several
   1-36  days in each house be suspended, and this rule is hereby suspended.
   1-37                               * * * * *