By Solis                                        H.B. No. 2708

      75R6490 DRH-D                           

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the waiting period before a school district may

 1-3     purchase real property.

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

 1-5           SECTION 1.  Section 271.004, Local Government Code, is

 1-6     amended by adding Subsection (j) to read as follows:

 1-7           (j)  This section does not apply to the purchase of real

 1-8     property if the purchase:

 1-9                 (1)  is a cash transaction; and

1-10                 (2)  does not involve the issuance of debt or another

1-11     method of financing the purchase over a period of time.

1-12           SECTION 2.  The importance of this legislation and the

1-13     crowded condition of the calendars in both houses create an

1-14     emergency and an imperative public necessity that the

1-15     constitutional rule requiring bills to be read on three several

1-16     days in each house be suspended, and this rule is hereby suspended,

1-17     and that this Act take effect and be in force from and after its

1-18     passage, and it is so enacted.