Bill Text: TX HB2641 | 2019-2020 | 86th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the release of a reversionary interest in certain real property by the Health and Human Services Commission and conditions related to that release.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2019-05-17 - Effective immediately [HB2641 Detail]
Download: Texas-2019-HB2641-Comm_Sub.html
Bill Title: Relating to the release of a reversionary interest in certain real property by the Health and Human Services Commission and conditions related to that release.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2019-05-17 - Effective immediately [HB2641 Detail]
Download: Texas-2019-HB2641-Comm_Sub.html
86R10868 PMO-F | ||
By: Darby, Zerwas | H.B. No. 2641 |
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relating to the release of a reversionary interest in certain real | ||
property by the Health and Human Services Commission and conditions | ||
related to that release. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. (a) Subject to Subsections (b) and (c) of this | ||
section and not later than February 1, 2021, the Health and Human | ||
Services Commission shall execute an appropriate instrument to | ||
release and nullify the right of reverter to which the real property | ||
described by Section 2 of this Act is subject under the deed filed | ||
in the Deed Records of Howard County, Texas, at Volume 795, Pages | ||
141-143. | ||
(b) The Health and Human Services Commission shall by | ||
appropriate instrument release the right of reverter described by | ||
Subsection (a) of this section only if: | ||
(1) the West Texas Centers for Mental Health and | ||
Mental Retardation transfers by appropriate instrument of | ||
conveyance to Cap Rock Holdings, LLC, a Texas limited liability | ||
company, real property described by Section 2 of this Act in | ||
exchange for the real property described by Section 3 of this Act | ||
transferred by appropriate instrument of conveyance by Cap Rock | ||
Holdings, LLC, a Texas limited liability company, to West Texas | ||
Centers for Mental Health and Mental Retardation; | ||
(2) the fair market value of the real property | ||
described by Section 3 of this Act is equal to or greater than the | ||
fair market value of the real property described by Section 2 of | ||
this Act as established by an independent appraisal obtained by the | ||
asset management division of the General Land Office; and | ||
(3) the real property described by Section 3 of this | ||
Act is conveyed to the West Texas Centers for Mental Health and | ||
Mental Retardation by Cap Rock Holdings, LLC, a Texas limited | ||
liability company, by appropriate instrument of conveyance that | ||
includes a provision that imposes as a condition on title to the | ||
real property that the title will automatically vest in the Health | ||
and Human Services Commission if the West Texas Centers for Mental | ||
Health and Mental Retardation discontinues using the property for | ||
the purpose of providing community-based mental health and | ||
intellectual disability services for more than 180 continuous days. | ||
(c) The Health and Human Services Commission may execute the | ||
instrument releasing the right of reverter described by Subsection | ||
(a) of this section to nullify the right of reverter and clear the | ||
right of reverter from the title of the real property described by | ||
Section 2 of this Act only if the General Land Office has verified | ||
that the conditions described by Subsection (b) of this section | ||
have been satisfied. | ||
SECTION 2. The real property title to which is held by the | ||
West Texas Centers for Mental Health and Mental Retardation is | ||
situated in Howard County, Texas, and more particularly described | ||
as follows: | ||
Lots 5, 6 and 7, Block 19, Original Town Site, Big Spring, Howard | ||
County, Texas and further described as being a +/- 0.48-acre tract | ||
in a deed to the State recorded at Volume 642, Page 480, of the Deed | ||
Records of Howard County, Texas. | ||
SECTION 3. The real property title to which is held by Cap | ||
Rock Holdings, LLC, a Texas limited liability company, is situated | ||
in Howard County, Texas, and more particularly described as | ||
follows: | ||
400 Nolan, Big Spring, TX | ||
Acres 0.257, LT 1 & N/30 of LT 2 BK 31 Original Town 80X140 0535 ACQ | ||
062211 BLK/TRACT 31 0.257 acres | ||
401 Johnson (7-11) Big Spring, TX | ||
Acre 0.321, Lts 11-12 Blk 31 Original Town 100x140 0545 Blk/Tract 31 | ||
0.321 acres | ||
Store #508 | ||
SECTION 4. 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, 2019. |