1-1 By: Nelson S.B. No. 1682 1-2 (In the Senate - Filed April 27, 1995; April 28, 1995, read 1-3 first time and referred to Committee on Finance; May 1, 1995, 1-4 reported favorably by the following vote: Yeas 10, Nays 0; 1-5 May 1, 1995, sent to printer.) 1-6 A BILL TO BE ENTITLED 1-7 AN ACT 1-8 relating to the conveyance of a possessory interest in property 1-9 acquired by a public entity or state agency in connection with the 1-10 superconducting super collider facility. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. Subchapter C, Chapter 2301, Government Code, is 1-13 amended by adding Section 2301.0635 to read as follows: 1-14 Sec. 2301.0635. NOTICE OF CERTAIN LEASES TO TAX APPRAISAL 1-15 OFFICE. (a) A public entity or state agency that owns real 1-16 property or a facility acquired under this chapter shall notify the 1-17 tax appraisal office for the county in which the property is 1-18 located of any possessory interest in the property, including a 1-19 leasehold, that on January 1 is held by another person. 1-20 (b) Notice under this section is given by delivering to the 1-21 tax appraisal office, not later than May 1, a copy of each 1-22 instrument evidencing the conveyance of a possessory interest in 1-23 the property. 1-24 (c) If after receipt of notice under Subsection (b) the 1-25 chief appraiser of the tax appraisal office determines that 1-26 additional information relating to the conveyance of the possessory 1-27 interest is necessary for the appraisal of that interest for ad 1-28 valorem tax purposes, the chief appraiser may request the public 1-29 entity or state agency to provide the additional information. If 1-30 the chief appraiser requests additional information under this 1-31 subsection, the public entity or state agency shall deliver the 1-32 requested information to the tax appraisal office, or notify the 1-33 chief tax appraisal office that it does not possess the requested 1-34 information, before the 30th day after the date of the request. 1-35 SECTION 2. The importance of this legislation and the 1-36 crowded condition of the calendars in both houses create an 1-37 emergency and an imperative public necessity that the 1-38 constitutional rule requiring bills to be read on three several 1-39 days in each house be suspended, and this rule is hereby suspended. 1-40 * * * * *