By: Duncan  S.B. No. 873
         (In the Senate - Filed February 23, 2011; March 1, 2011,
  read first time and referred to Committee on Higher Education;
  March 24, 2011, reported favorably by the following vote:  Yeas 7,
  Nays 0; March 24, 2011, sent to printer.)
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to rate and damage schedules governing certain easements
  or other interests in land of The University of Texas System.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 66.46, Education Code, is amended by
  adding Subsection (m) to read as follows:
         (m)  The board of regents shall establish procedures by which
  a person seeking an easement or other interest under this section
  may seek relief from a rate or damage schedule that the person
  believes does not represent the fair market value of the interest
  being sought.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2011.
 
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