1-1 By: Jackson S.B. No. 916 1-2 (In the Senate - Filed February 23, 2001; February 27, 2001, 1-3 read first time and referred to Committee on Intergovernmental 1-4 Relations; March 22, 2001, reported adversely, with favorable 1-5 Committee Substitute by the following vote: Yeas 7, Nays 0; 1-6 March 22, 2001, sent to printer.) 1-7 COMMITTEE SUBSTITUTE FOR S.B. No. 916 By: Whitmire 1-8 A BILL TO BE ENTITLED 1-9 AN ACT 1-10 relating to the authority of certain municipalities to dispose of 1-11 airport property. 1-12 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-13 SECTION 1. Section 22.024, Transportation Code, is amended 1-14 by adding Subsection (d) to read as follows: 1-15 (d) Notwithstanding Subsection (a), a municipality with a 1-16 population of 1.6 million or more may dispose of property, or any 1-17 interest in property, related to a former military installation or 1-18 air navigation facility in the manner and on the terms the 1-19 municipality considers to be in the best interest of the 1-20 municipality if such disposal is carried out as a part of a 1-21 targeted redevelopment of the real property together with 1-22 aerospace, aviation, or aircraft manufacturing firms or other 1-23 airport-related industrial parks or communities. 1-24 SECTION 2. This Act takes effect September 1, 2001. 1-25 * * * * *