Bill Text: TX HJR49 | 2021-2022 | 87th Legislature | Introduced


Bill Title: Proposing a constitutional amendment authorizing Webb County to delegate its authority to manage and dispose of county school land and invest and manage the proceeds from the county permanent school fund.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2021-01-04 - Filed [HJR49 Detail]

Download: Texas-2021-HJR49-Introduced.html
  87R578 MP-F
 
  By: Raymond H.J.R. No. 49
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment authorizing Webb County to
  delegate its authority to manage and dispose of county school land
  and invest and manage the proceeds from the county permanent school
  fund.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 6, Article VII, Texas Constitution, is
  amended to read as follows:
         Sec. 6.  (a) All lands heretofore, or hereafter granted to
  the several counties of this State for educational purposes, are of
  right the property of said counties respectively, to which they
  were granted, and title thereto is vested in said counties, and no
  adverse possession or limitation shall ever be available against
  the title of any county. Each county may sell or dispose of its
  lands in whole or in part, in manner to be provided by the
  Commissioners Court of the county. Said lands, and, except as
  provided by Subsection (b) of this section, the proceeds thereof,
  when sold, shall be held by said counties alone as a trust for the
  benefit of public schools therein; said proceeds to be invested in
  bonds of the United States, the State of Texas, or counties in said
  State, or in such other securities, and under such restrictions as
  may be prescribed by law; and the counties shall be responsible for
  all investments; the interest thereon, and other revenue, except
  the principal shall be available fund.
         (b)  Webb County may enter into an agreement with the school
  districts for which Webb County holds lands in trust under this
  section under which Webb County delegates to a committee whose
  membership consists of members of the boards of trustees of the
  school districts to:
               (1)  sell, lease, manage, or otherwise dispose of the
  lands held in trust;
               (2)  develop or sell the rights to natural resources or
  minerals in the lands held in trust; and
               (3)  invest and manage all or part of the proceeds of
  Webb County's permanent school fund.
         (c)  The proceeds from a disposition of land authorized under
  Subsection (b) of this section shall be held by Webb County as a
  trust for the benefit of the school districts as provided by
  Subsection (a) of this section.
         (d)  The committee described in Subsection (b) of this
  section shall consist of one trustee appointed by each of the school
  districts for which the lands are held in trust by Webb County under
  this section. Additional trustees from each school district shall
  be appointed to the committee based on the school district's
  average daily attendance at a rate of one trustee per 15,000
  students.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 2, 2021.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment to authorize Webb
  County to enter into an agreement to delegate its authority
  regarding the management and disposition of county school lands
  from Webb County to the school districts for which the lands are
  held in trust and to delegate its authority to invest and manage
  proceeds of Webb County's permanent school fund from Webb County to
  the school districts for which the lands are held in trust."
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