SLC S.B. 69 75(R)BILL ANALYSIS LAND & RESOURCE MANAGEMENT S.B. 69 By: Haywood (Hirschi) 4-11-97 Committee Report (Unamended) BACKGROUND Midwestern State University does not now have the authority to purchase or sell properties and use the proceeds to the benefit of the university. It is necessary for the university to have this authority in order to comply with the terms of gifts from estate donors. This authority currently exists for several other universities. PURPOSE This bill gives Midwestern State University the authority to buy and sell land within certain guidelines as granted to other institutions. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 103.09, Education Code, as follows: Sec. 103.09. CONTROL AND MANAGEMENT OF REAL PROPERTY. (a) Gives the board the sole and exclusive control and management of university lands and other real property. (b) Sets forth how the University Board of Regents can acquire property. (c) States that the board may sell, exchange, lease, or otherwise dispose of any interest in real property owned by the university. (d) The board may not lease the surface rights of land under its control or management for a term of more than 99 years. SECTION 2. Repeals Chapter 19. SECTION 3. Emergency clause.