SRC-JBJ H.B. 1539 76(R) BILL ANALYSIS Senate Research Center H.B. 1539 75R6064 PAM-DBy: Pitts (Nelson) State Affairs 4/28/1999 Engrossed DIGEST In the early 1990s, the federal government canceled the Superconducting Super Collider project. Following the cancellation, the General Land Office (GLO), on behalf of the state, sold more than $10 million in the project's real property to third parties. Legislation passed by the 75th Legislature, and codified in Section 31.309, Natural Resources Code, created a preference right for certain previous owners of the real property to repurchase the property before the property was offered to third parties by the state. GLO promulgated rules regarding the proper way to notice and exercise these preference rights. H.B. 1539 would validate all conveyances of land subject to preference rights under Section 31.309, provided that the conveyance takes place before the effective date of this Act. This bill also specifies that the validation will not affect a conveyance that is the subject of a suit filed before the effective date of this Act. PURPOSE As proposed, H.B. 1539 validates certain conveyances of land subject to Section 31.309, Natural Resources Code, that was formerly used for the superconducting super collider research facility. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. VALIDATION OF CONVEYANCE OF LAND USED FOR SUPERCONDUCTING SUPER COLLIDER RESEARCH FACILITY. Validates a conveyance of land that occurred before the effective date of this Act, as of the date it occurred, which is subject to a preference right described by Section 31.309, Natural Resources Code (Preference Right to Purchase Certain Land). Provides that the right, title, and interest to the land is relinquished, confirmed, and granted to the purchaser under the conveyance instrument subject only to the conditions, limitations, and restrictions described and imposed by the conveyance instrument. SECTION 2. EFFECT ON LITIGATION. Provides that if the validity of a conveyance is the subject of a suit filed before the effective date of the Act and the conveyance is ultimately determined invalid by a court, this Act does not validate that conveyance. SECTION 3. Emergency clause. Effective date: upon passage.