By: Whitmire S.B. No. 1612
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the disposition of proceeds from the sale of
1-2 state-owned real property under the management of the Texas
1-3 Department of Criminal Justice.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Subsection (a), Section 496.0021, Government
1-6 Code, is amended to read as follows:
1-7 (a) The board may sell state-owned real property under the
1-8 board's management and control at the real property's fair market
1-9 value. The General Land Office shall negotiate and close a
1-10 transaction under this section on behalf of the board using
1-11 procedures under Section 31.158(c), Natural Resources Code.
1-12 Proceeds from the transaction shall be deposited in the general
1-13 revenue fund [Texas capital trust fund].
1-14 SECTION 2. The importance of this legislation and the
1-15 crowded condition of the calendars in both houses create an
1-16 emergency and an imperative public necessity that the
1-17 constitutional rule requiring bills to be read on three several
1-18 days in each house be suspended, and this rule is hereby suspended,
1-19 and that this Act take effect and be in force from and after its
1-20 passage, and it is so enacted.