Bill Text: TX HB2977 | 2019-2020 | 86th Legislature | Comm Sub

Texas House Bill 2977 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Relating to the transfer, sale, or exchange of real property or an interest in real property between the City of Austin and a state agency.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2019-06-10 - Effective immediately [HB2977 Detail]

Download: Texas-2019-HB2977-Comm_Sub.html



	By: Howard (Senate Sponsor - Watson)	H.B. No. 2977
	(In the Senate - Received from the House May 6, 2019;
	May 6, 2019, read first time and referred to Committee on Business &
	Commerce; May 19, 2019, reported favorably by the following vote:
	Yeas 7, Nays 0; May 19, 2019, sent to printer.)
Click here to see the committee vote


	A BILL TO BE ENTITLED
	AN ACT

	relating to the transfer, sale, or exchange of real property or an
	interest in real property between the City of Austin and a state
	agency.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 2166.052, Government Code, is amended by
	adding Subsection (d) to read as follows:
	(d) If an agreement under Subsection (c) provides for a
	transfer, sale, or exchange to be credited against future property
	or interests to be transferred, sold, or exchanged between the
	parties, the City of Austin may use any amount credited in the
	city's favor in a transfer, sale, or exchange of real property or an
	interest in real property with any state agency other than an
	institution of higher education as defined by Section 61.003,
	Education Code.
	SECTION 2. 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.

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