SB2073 - Relating to the authority of an appraisal district to purchase, finance the purchase of, or lease real property or construct or finance the construction of improvements to real property.

      S.B. No. 2073         AN ACT   relating to the authority of an appraisal district to purchase,   finance the purchase of, or lease real property or construct or   finance the construction of improvements to real property.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Sections 6.051(a) and (b), Tax Code, are amended   to read as follows:          (a)  The board of directors of an appraisal district may   purchase , finance the purchase of, or lease real property and may   construct or finance the construction of improvements as necessary   to establish and operate the appraisal office or a branch appraisal   office.          (b)  The acquisition or conveyance of real property or the   construction or renovation of a building or other improvement by an   appraisal district must be approved by the governing bodies of   three-fourths of the taxing units entitled to vote on the   appointment of board members.   This subsection does not require   approval by the taxing units of the financing of the acquisition of   real property or the financing of the construction or renovation of   a building or other improvement.  The board of directors by   resolution may propose a property transaction or other action for   which this subsection requires approval of the taxing units.  The   chief appraiser shall notify the presiding officer of each   governing body entitled to vote on the approval of the proposal by   delivering a copy of the board's resolution, together with   information showing the costs of other available alternatives to   the proposal.  On or before the 30th day after the date the   presiding officer receives notice of the proposal, the governing   body of a taxing unit by resolution may approve or disapprove the   proposal.  If a governing body fails to act on or before that 30th   day or fails to file its resolution with the chief appraiser on or   before the 10th day after that 30th day, the proposal is treated as   if it were approved [ disapproved ] by the governing body.          SECTION 2.  Section 6.051(b), Tax Code, as amended by this   Act, applies only to a proposed property transaction or other   action for which a chief appraiser sends notification under that   subsection on or after the effective date of this Act.  A proposed   property transaction or other action for which notification is sent   before the effective date of this Act is governed by the law in   effect on the date the notification was sent, and the former law is   continued in effect for that purpose.          SECTION 3.  This Act takes effect September 1, 2025.               ______________________________ ______________________________      President of the Senate Speaker of the House                 I hereby certify that S.B. No. 2073 passed the Senate on   April 24, 2025, by the following vote:  Yeas 26, Nays 5.       ______________________________   Secretary of the Senate                I hereby certify that S.B. No. 2073 passed the House on   May 28, 2025, by the following vote:  Yeas 93, Nays 49, one   present not voting.       ______________________________   Chief Clerk of the House            Approved:     ______________________________                Date       ______________________________              Governor