BILL ANALYSIS

H.B. 2792

By: Hunter

Transportation

Committee Report (Unamended)

BACKGROUND AND PURPOSE

As it relates to navigation districts, a check or bond accompanying a bid submitted on land to be sold or leased is currently required to be in an amount equal to the bid for the land or for the first rental payment under the lease and to guarantee that the bidder will perform the terms of the bid if it is accepted. Interested parties assert that this requirement has created difficulty for the Aransas County Navigation District.  H.B. 2792 seeks to allow the district's navigation and canal commission to determine the amount of the check or bond a bidder must submit with a bid to purchase land.

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.

ANALYSIS

H.B. 2792 amends the Special District Local Laws Code to authorize the navigation and canal

commission of the Aransas County Navigation District to determine the amount of the check or bond a bidder must submit with a bid to purchase land from the district to guarantee that the bidder will perform the terms of the purchase bid if it is accepted by the commission.

EFFECTIVE DATE

On passage, or, if the bill does not receive the necessary vote, September 1, 2011.