By Turner of Coleman H.B. No. 377 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to certain circumstances where the fair market value of 1-3 natural resources may be included in the assessment of damage to a 1-4 property owner in a condemnation proceeding. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Subchapter C, Chapter 21, Property Code is amended 1-7 by adding a new Section 21.0421 to read as follows: 1-8 Sec. 21.0421. ASSESSEMENT OF DAMAGES; NATURAL RESOURCES. (a) 1-9 For the purposes of this section, the term "natural resources" 1-10 means timber, sand or gravel, water, oil, natural gas, or natural 1-11 deposits of minerals. 1-12 (b) If a political subdivision of this state files a 1-13 condemnation petition under Section 21.012 of this code for the 1-14 purpose of acquiring real property and states in the petition that 1-15 the purpose for which the political subdivision intends to use the 1-16 property is to develop or use the natural resources on, within or 1-17 underneath the property, the special commissioners shall admit 1-18 evidence on the fair market value of that natural resource apart 1-19 from the fair market value of the real property. 1-20 (c) If the special commissioners are required to admit 1-21 evidence under Subsection (a), they may assess, apart from the 1-22 damage to the real property, the damage to the property owner for 2-1 the fair market value of natural resources on, within or underneath 2-2 the real property condemned. 2-3 SECTION 2. This Act takes effect September 1, 2001.