Bill Text: TX HB1288 | 2017-2018 | 85th Legislature | Introduced

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

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Bill Title: Relating to broker agreements for the leasing of real property owned by a county.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2017-05-23 - Effective immediately [HB1288 Detail]

Download: Texas-2017-HB1288-Introduced.html

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85R3088 DMS-F
By: Rose H.B. No. 1288

A BILL TO BE ENTITLED
AN ACT
relating to broker agreements for the leasing of real property
owned by a county.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Sections 263.008(b), (c), (d), and (e), Local
Government Code, are amended to read as follows:
(b) The commissioners court of a county may contract with a
broker to sell or lease a tract of real property that is owned by the
county.
(c) The commissioners court of a county may pay a fee if a
broker produces a ready, willing, and able buyer or lessee to
purchase or lease a tract of real property.
(d) If a contract made under Subsection (b) requires a
broker to list the tract of real property for sale or lease for at
least 30 days with a multiple-listing service used by other brokers
in the county, the commissioners court on or after the 30th day
after the date the property is listed may sell or lease the tract of
real property to a ready, willing, and able buyer or lessee who is
produced by any broker using the multiple-listing service and who
submits the highest cash offer.
(e) The commissioners court may sell or lease a tract of
real property under this section without complying with the
requirements for conducting a public auction, including the
requirements prescribed by Section 263.001.
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, 2017.