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A BILL TO BE ENTITLED
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AN ACT
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relating to the sale by certain municipalities of leased land |
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located near the shoreline of a lake. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 272.001(h), Local Government Code, is |
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amended to read as follows: |
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(h) A municipality having a population of 1.5 million |
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[825,000] or less and owning land within 5,000 feet of where the |
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shoreline of a lake would be if the lake were filled to its storage |
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capacity may, without notice or the solicitation of bids, sell the |
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land to the person leasing the land for the fair market value of the |
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land as determined by a certified appraiser. While land described |
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by this subsection is under lease, the municipality owning the land |
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may not sell the land to any person other than the person leasing |
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the land. To protect the public health, safety, or welfare and to |
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ensure an adequate municipal water supply, property sold by the |
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municipality under this subsection is not eligible for and the |
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owner is not entitled to the exemption provided by Section |
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11.142(a), Water Code. The instrument conveying property under |
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this subsection must include a provision stating that the exemption |
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does not apply to the conveyance. In this subsection, "lake" means |
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an inland body of standing water, including a reservoir formed by |
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impounding the water of a river or creek but not including an |
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impoundment of salt water or brackish water, that has a storage |
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capacity of more than 10,000 acre-feet. |
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SECTION 2. 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. |