|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to advance acquisition of real property for a |
|
transportation facility. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Sections 202.112(a) and (d), Transportation |
|
Code, are amended to read as follows: |
|
(a) The commission may acquire real property or an interest |
|
in real property or purchase an option to acquire real property for |
|
possible use in or in connection with a transportation facility |
|
before: |
|
(1) a final decision has been made as to whether the |
|
transportation facility will be located on that property; or |
|
(2) environmental clearance has been issued for the |
|
transportation facility by the appropriate federal or state |
|
authority. |
|
(d) An option to acquire real property purchased under this |
|
section [or Section 227.041] may not expire later than the fifth |
|
anniversary of the date the option was purchased and may be renewed |
|
for subsequent periods that expire not later than the fifth |
|
anniversary of the date the option was renewed, by agreement of the |
|
commission and the grantor of the option or the grantor's heirs or |
|
assigns. |
|
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, 2017. |