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A BILL TO BE ENTITLED
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AN ACT
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relating to the release of a reversionary interest in certain real |
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property by the Health and Human Services Commission and conditions |
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related to that release. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1(a), Chapter 54 (H.B. 2641), Acts of the |
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86th Legislature, Regular Session, 2019, is amended to read as |
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follows: |
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(a) Subject to Subsections (b) and (c) of this section and |
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not later than February 1, 2023 [2021], the Health and Human |
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Services Commission shall execute an appropriate instrument to |
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release and nullify the right of reverter to which the real property |
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described by Section 2 of this Act is subject under the deed filed |
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in the Deed Records of Howard County, Texas, at Volume 795, Pages |
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141-143. |
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SECTION 2. Section 3, Chapter 54 (H.B. 2641), Acts of the |
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86th Legislature, Regular Session, 2019, is amended to read as |
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follows: |
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SECTION 3. The real property title to which is held by Cap |
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Rock Holdings, LLC, a Texas limited liability company, is situated |
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in Howard County, Texas, and more particularly described as |
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follows: |
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ALL BK 75, ORIGINAL TOWN ADDN., CITY OF BIG SPRING, HOWARD COUNTY, |
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TEXAS |
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[400 Nolan, Big Spring, TX |
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Acres 0.257, LT 1 & N/30 of LT 2 BK 31 Original Town 80X140 0535 ACQ |
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062211 BLK/TRACT 31 0.257 acres |
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401 Johnson (7-11) Big Spring, TX |
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Acre 0.321, Lts 11-12 Blk 31 Original Town 100x140 0545 Blk/Tract 31 |
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0.321 acres |
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Store #508] |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2021. |