Bill Text: TX HB2840 | 2013-2014 | 83rd Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the urban land bank demonstration program in certain municipalities.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2013-06-14 - Effective on 9/1/13 [HB2840 Detail]
Download: Texas-2013-HB2840-Comm_Sub.html
Bill Title: Relating to the urban land bank demonstration program in certain municipalities.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2013-06-14 - Effective on 9/1/13 [HB2840 Detail]
Download: Texas-2013-HB2840-Comm_Sub.html
By: Giddings (Senate Sponsor - West) | H.B. No. 2840 | |
(In the Senate - Received from the House May 6, 2013; | ||
May 7, 2013, read first time and referred to Committee on | ||
Intergovernmental Relations; May 14, 2013, reported adversely, | ||
with favorable Committee Substitute by the following vote: | ||
Yeas 5, Nays 0; May 14, 2013, sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR H.B. No. 2840 | By: Paxton |
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relating to the urban land bank demonstration program in certain | ||
municipalities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 379C.005, Local Government Code, is | ||
amended to read as follows: | ||
Sec. 379C.005. QUALIFIED PARTICIPATING DEVELOPER. To | ||
qualify to participate in an urban land bank demonstration program, | ||
a developer must: | ||
(1) have built one [ |
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within the three-year period preceding the submission of a proposal | ||
to the land bank seeking to acquire real property from the land | ||
bank; | ||
(2) have a development plan approved by the | ||
municipality for the land bank property; and | ||
(3) meet any other requirements adopted by the | ||
municipality in the urban land bank demonstration plan. | ||
SECTION 2. Section 379C.009, Local Government Code, is | ||
amended by amending Subsection (b) and adding Subsections (b-1) and | ||
(b-2) to read as follows: | ||
(b) Except as provided by Subsection (b-1), the [ |
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bank must sell a property to a qualified participating developer | ||
within the four-year period following the date of acquisition for | ||
the purpose of construction of affordable housing for sale or rent | ||
to low income households. | ||
(b-1) Before the completion of the four-year period | ||
described by Subsection (b), the land bank may, subject to Section | ||
379C.0106: | ||
(1) transfer property that the land bank determines is | ||
not appropriate for residential development to the taxing units | ||
described by Subsection (b); or | ||
(2) sell property described by Subdivision (1) to a | ||
political subdivision or a nonprofit organization. | ||
(b-2) If after four years a qualified participating | ||
developer has not purchased the property, the property shall be | ||
transferred from the land bank to the taxing units who were parties | ||
to the judgment for disposition as otherwise allowed under the law. | ||
SECTION 3. Section 379C.0106(a), Local Government Code, is | ||
amended to read as follows: | ||
(a) In this section, "eligible adjacent property owner" | ||
means a person who: | ||
(1) owns property located adjacent to property owned | ||
by the land bank; and | ||
(2) [ |
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the land bank. | ||
SECTION 4. Chapter 379C, Local Government Code, is amended | ||
by adding Section 379C.014 to read as follows: | ||
Sec. 379C.014. ADDITIONAL AUTHORIZED USE OF LAND BANK | ||
PROPERTY. (a) Notwithstanding the other provisions of this | ||
chapter, the land bank may sell property to a developer to allow the | ||
construction of a grocery store that has at least 6,000 square feet | ||
of enclosed space and that offers for sale fresh produce and other | ||
food items for home consumption. | ||
(b) To qualify to purchase property from the land bank under | ||
this section, a developer is not required to be a qualified | ||
participating developer but must obtain the municipality's | ||
approval of a development plan for the land bank property and must | ||
develop the property in accordance with the approved development | ||
plan. | ||
(c) A sale under this section within the four-year period | ||
following the date of acquisition of the property by the land bank | ||
satisfies the requirement under Section 379C.009(b) that the | ||
property be sold within that period to a qualified participating | ||
developer. | ||
(d) The land bank may sell property as provided by this | ||
section only after granting any rights of first refusal otherwise | ||
required by this chapter, and any completed sale under this section | ||
remains subject to the right of reverter provided by Section | ||
379C.009(d). | ||
SECTION 5. This Act takes effect September 1, 2013. | ||
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