Bill Text: TX SB348 | 2017-2018 | 85th Legislature | Introduced

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Bill Title: Relating to the authority of the board of directors of an appraisal district to acquire or convey real property or construct or renovate a building or other improvement.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2017-01-30 - Referred to Finance [SB348 Detail]

Download: Texas-2017-SB348-Introduced.html

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85R3670 SMT-D
By: Watson S.B. No. 348

A BILL TO BE ENTITLED
AN ACT
relating to the authority of the board of directors of an appraisal
district to acquire or convey real property or construct or
renovate a building or other improvement.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 6.051(c), Tax Code, is amended to read as
follows:
(c) The board of directors may convey real property owned by
the district, and the proceeds shall be credited to each taxing unit
that participates in the district in proportion to the unit's
allocation of the appraisal district budget in the year in which the
transaction occurs. Any [A conveyance must be approved as provided
by Subsection (b) of this section, and any] proceeds shall be
apportioned by an amendment to the annual budget made as provided by
Section 6.06(c) [Subsection (c) of Section 6.06 of this code].
SECTION 2. Sections 6.051(b) and (d), Tax Code, are
repealed.
SECTION 3. 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, 2017.