Amend SB 2091 (house committee report) as follows:
(1) On page 3, line 18, strike ".02" and substitute "two-tenths of one".
(2) On page 3, line 22, between "(s)" and "apply", insert ", 34.02, 34.03, 34.04, and 34.21".
(3) On page 3, line 25, between the underlined comma and "a", insert "and subject to Subsection (e) of this section,".
(4) On page 4, strike lines 3 and 4 and substitute the following:
(e) A taxing unit may not direct the sale of real property at a private sale under this section unless:
(1) the property is offered for sale at a public auction; and
(2) a bid sufficient to pay the amount specified by Subsection (h) is not received.
(f) A taxing unit that directs the private sale under this section of real property that abuts two or more adjacent parcels of real property having different owners must give notice of the sale to each abutting owner. The notice must state that the taxing unit will:
(1) offer the property for sale;
(2) accept sealed bids for the property; and
(3) sell the property to the highest bidder.
(5) On page 4, line 5, strike "(f)" and substitute "(g)".
(6) On page 4, strike lines 7 through 11 and substitute the following:
(h) A taxing unit that directs the sale of real property under this section may not sell the property for an amount that is less than the lesser of:
(1) the property's market value, as specified in the warrant or the judgment, as applicable; or
(2) the following amount, as applicable:
(A) the amount provided by Section 34.01(p), in the case of property described by Subsection (b)(1)(A) of this section; or
(B) the amount provided by Section 34.01(b), in the case of property described by Subsection (b)(1)(B) of this section.
(7) On page 4, line 12, strike "(h)" and substitute "(i)".