BILL ANALYSIS

H.B. 2611

By: VanDeaver

Public Education

Committee Report (Unamended)

BACKGROUND AND PURPOSE

Interested parties suggest that the process of notice and bidding required for the sale of certain real property by an independent school district does not always garner the same interest that property typically receives under a multiple-listing service. H.B. 2611 seeks to address this issue by authorizing the sale of certain real property using a multiple-listing service.

CRIMINAL JUSTICE IMPACT

It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.

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. 2611 amends the Education Code to authorize the board of trustees of an independent school district, if the district contracts with a licensed real estate broker to list a tract of real property, other than minerals, held in trust for public school purposes for sale for at least 30 days with a multiple-listing service, to sell the tract of real property on or after the 30th day after the date the property is listed to a ready, willing, and able buyer who is produced by any broker using the multiple-listing service and who submits the highest cash offer. The bill authorizes the board to sell such a tract of real property without complying with certain statutory notice and bidding requirements.

EFFECTIVE DATE

On passage, or, if the bill does not receive the necessary vote, September 1, 2017.