By Haggerty                                            H.B. No. 770

         Substitute the following for H.B. No. 770:

         By Jackson                                         C.S.H.B. No. 770

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the acquisition by the Parks and Wildlife Department of

 1-3     real property owned by the permanent school fund.

 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-5           SECTION 1.  According to the provisions of this Act, there is

 1-6     hereby transferred to the Parks and Wildlife Department all of the

 1-7     interest of the permanent school fund in the surface and all of the

 1-8     oil, gas, and other minerals in that portion of the A.G. McMath

 1-9     Survey No. 298 in El Paso County, Texas, included within the

1-10     boundaries of the Franklin Mountains State Park and subject to the

1-11     provisions of Section 2, Chapter 383, Acts of the 71st Legislature,

1-12     Regular Session, 1989.  There is further transferred to the Parks

1-13     and Wildlife Department all of the interest of the permanent school

1-14     fund in all of the oil, gas, and other minerals in the following

1-15     tracts to the extent that these tracts are included within Franklin

1-16     Mountains State Park in El Paso County, Texas (as the boundaries of

1-17     the park are established in Section 2, Chapter 736, Acts of the

1-18     66th Legislature, 1979, as amended by Section 2, Chapter 860, Acts

1-19     of the 67th Legislature, Regular Session, 1981, and Sections 1 and

1-20     2, Chapter 383, Acts of the 71st Legislature, Regular Session,

1-21     1989):

1-22                 (1)  Clara Mundy Survey No. 251;

1-23                 (2)  Clara A. Mundy Survey No. 252;

1-24                 (3)  Clara A. Mundy Survey No. 253;

 2-1                 (4)  J.A. Rogers Survey No. 400;

 2-2                 (5)  W.P. Paschal Survey No. 277;

 2-3                 (6)  A.G. McMath Survey No. 296;

 2-4                 (7)  A.G. McMath Survey No. 297;

 2-5                 (8)  A.G. McMath Survey No. 299;

 2-6                 (9)  A.G. McMath Survey No. 300;

 2-7                 (10)  A.G. McMath Survey No. 301;

 2-8                 (11)  A.G. McMath Survey No. 306;

 2-9                 (12)  H.G. Foster Survey No. 259;

2-10                 (13)  H.G. Foster Survey No. 260;

2-11                 (14)  H.G. Foster Survey No. 261;

2-12                 (15)  A.F. Miller Survey No. 217;

2-13                 (16)  Lee Moor Survey No. 221;

2-14                 (17)  Lee Moor Survey No. 222;

2-15                 (18)  Eli Nations Survey No. 271;

2-16                 (19)  Eli Nations Survey No. 272;

2-17                 (20)  S.J. Larkin Survey No. 268;

2-18                 (21)  S.J. Larkin Survey No. 269;

2-19                 (22)  S.J. Larkin Survey No. 270;

2-20                 (23)  Section 4, Block 81, Township 1, Texas and

2-21     Pacific Railway Company Survey;

2-22                 (24)  Section 6, Block 81, Township 1, Texas and

2-23     Pacific Railway Company Survey;

2-24                 (25)  Section 8, Block 81, Township 1, Texas and

2-25     Pacific Railway Company Survey;

2-26                 (26)  Section 16, Block 81, Township 1, Texas and

2-27     Pacific Railway Company Survey;

 3-1                 (27)  Section 24, Block 81, Township 1, Texas and

 3-2     Pacific Railway Company Survey;

 3-3                 (28)  Section 6, Block 81, Township 2, Texas and

 3-4     Pacific Railway Company Survey;

 3-5                 (29)  Section 14, Block 81, Township 2, Texas and

 3-6     Pacific Railway Company Survey;

 3-7                 (30)  Section 2, Block 82, Township 1, Texas and

 3-8     Pacific Railway Company Survey;

 3-9                 (31)  Section 4, Block 82, Township 1, Texas and

3-10     Pacific Railway Company Survey; and

3-11                 (32)  Section 8, Block 82, Township 1, Texas and

3-12     Pacific Railway Company Survey.

3-13           SECTION 2.  In compensation to the permanent school fund for

3-14     the surface and mineral interests transferred to the Parks and

3-15     Wildlife Department as described in Section 1 of this Act, the

3-16     following interests and tracts of the Parks and Wildlife Department

3-17     are transferred to the permanent school fund, to be managed in the

3-18     same manner as other permanent school fund property:

3-19           (a)  an undivided 50% interest in full and partial interests

3-20     in 28 tracts comprising approximately 6,255.00 acres of land

3-21     located on Matagorda Peninsula in Matagorda County, Texas, as those

3-22     full and partial interests, and the 28 tracts, are further

3-23     described in the deed dated June 3, 1987, recorded in Volume 152,

3-24     Page 857, Official Records of Matagorda County, and which undivided

3-25     50% interest is hereby reunited with the permanent school fund's

3-26     undivided 50% interest in the same full and partial interests;

3-27           (b)  the partial interests in two tracts comprising

 4-1     approximately 796.5 acres of land (being part of a larger

 4-2     approximately 6,255.00-acre tract) located on Matagorda Peninsula

 4-3     in Matagorda County, Texas, as those partial interests are further

 4-4     described in two deeds, both dated October 19, 1990, one recorded

 4-5     as document 7329, at 271-906, and the other as document 7330, at

 4-6     271-908, in the official records of Matagorda County, Texas; and

 4-7           (c)  approximately 484.77 acres of land located on Follets

 4-8     Island in Brazoria County, Texas, being all of that land conveyed

 4-9     to the Parks and Wildlife Department described as four tracts in

4-10     two deeds, both dated October 17, 1984, one recorded as document 85

4-11     90 219-227 and the other as document 85 90 228-237 in the official

4-12     records of Brazoria County, Texas.

4-13           SECTION 3.  The Legislature finds that the fair market values

4-14     of the interests transferred into and out of the permanent school

4-15     fund pursuant to Sections 1 and 2 of this Act are equivalent.

4-16           SECTION 4.  The transfer of land to the permanent school fund

4-17     described in Section 2 of this Act removes the land from the state

4-18     park, wildlife management area, or scientific area and changes the

4-19     legal boundary of the affected state park, wildlife management

4-20     area, or scientific area accordingly.

4-21           SECTION 5.  On or before December 1, 1997, the General Land

4-22     Office, the School Land Board, and the Parks and Wildlife

4-23     Department shall develop a plan for the removal or conveyance to

4-24     the Parks and Wildlife Department pursuant to one or more sales,

4-25     exchanges, or other transfers of the surface estate in any real

4-26     property dedicated to the permanent school fund that is located

4-27     within the boundaries of any tract managed by the Parks and

 5-1     Wildlife Department, including a state park, wildlife management

 5-2     area, or scientific area but not including a coastal preserve.  The

 5-3     plan shall provide for fair market value compensation, in land or

 5-4     money, to the permanent school fund.  Fair market value shall be

 5-5     determined by an appraisal mutually agreed to by the School Land

 5-6     Board and the Parks and Wildlife Department.  Mineral interests and

 5-7     submerged lands or tidelands may not be transferred under this

 5-8     section.

 5-9           SECTION 6.  The importance of this legislation and the

5-10     crowded condition of the calendars in both houses create an

5-11     emergency and an imperative public necessity that the

5-12     constitutional rule requiring bills to be read on three several

5-13     days in each house be suspended, and this rule is hereby suspended,

5-14     and that this Act take effect and be in force from and after its

5-15     passage, and it is so enacted.