By Serna                                        H.B. No. 1118

      75R5738 JD-D                           

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the manner in which land acquired by certain

 1-3     municipalities pursuant to foreclosure of a tax lien in favor of

 1-4     those municipalities may be sold.

 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-6           SECTION 1.  Section 34.015, Tax Code, is amended to read as

 1-7     follows:

 1-8           Sec. 34.015.  ALTERNATE MANNER OF SALE.  (a)  Notwithstanding

 1-9     any other provision of this subchapter, the governing body of a

1-10     municipality with a population of 1.5 million or more may provide

1-11     for the manner in which land ordered sold pursuant to foreclosure

1-12     of a tax lien in favor of the municipality may be sold if the land

1-13     is sold to a charitable organization entitled to an exemption under

1-14     Section 11.181 from ad valorem taxation on real property owned by

1-15     the organization.

1-16           (b)  Notwithstanding any other provision of this chapter, the

1-17     governing body of a municipality located in a county that is

1-18     contiguous to the United Mexican States may provide for the manner

1-19     in which real property acquired by the municipality pursuant to

1-20     foreclosure of a tax lien in favor of the municipality may be sold

1-21     to a purchaser who has entered into a written agreement with the

1-22     municipality under which the purchaser is obligated to construct or

1-23     repair housing on the property to sell at minimal or no profit to a

1-24     low-income individual or family or to rent at minimal or no profit

 2-1     to such an individual or family.

 2-2           SECTION 2.  The importance of this legislation and the

 2-3     crowded condition of the calendars in both houses create an

 2-4     emergency and an imperative public necessity that the

 2-5     constitutional rule requiring bills to be read on three several

 2-6     days in each house be suspended, and this rule is hereby suspended,

 2-7     and that this Act take effect and be in force from and after its

 2-8     passage, and it is so enacted.