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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of the board of directors of an appraisal |
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district to acquire or convey real property or construct or |
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renovate a building or other improvement. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 6.051(c), Tax Code, is amended to read as |
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follows: |
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(c) The board of directors may convey real property owned by |
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the district, and the proceeds shall be credited to each taxing unit |
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that participates in the district in proportion to the unit's |
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allocation of the appraisal district budget in the year in which the |
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transaction occurs. Any [A conveyance must be approved as provided
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by Subsection (b) of this section, and any] proceeds shall be |
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apportioned by an amendment to the annual budget made as provided by |
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Section 6.06(c) [Subsection (c) of Section 6.06 of this code]. |
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SECTION 2. Sections 6.051(b) and (d), Tax Code, are |
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repealed. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2017. |