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A BILL TO BE ENTITLED
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AN ACT
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relating to authorization for the sale of certain Texas Tech |
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University property. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 109.054, Education Code, is amended to |
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read as follows: |
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Sec. 109.054. MANAGEMENT OF LANDS. The board has the sole |
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and exclusive management and control of lands set aside and |
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appropriated to or acquired by the institutions under its |
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governance. The board may lease, sell, exchange, acquire, dispose |
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of, and otherwise manage, control, and use the lands in any manner |
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and at prices and under terms and conditions the board deems best |
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for the interest of the institutions. [However, the board may not
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sell any of the original main campus of Texas Tech University
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located in Lubbock, Lubbock County, unless the sale is approved by
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act of the legislature.] No grazing lease shall be made for a |
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period of more than five years. |
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SECTION 2. Section 109.0541, Education Code, is repealed.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, 2019. |