Texas Natural Resources Code
§ 31.156 — REAL PROPERTY REVIEW
NR § 31.156Title 2. PUBLIC DOMAIN · Part C. ADMINISTRATION · Ch. 31. GENERAL LAND OFFICE · Art. E. REAL PROPERTY ACCOUNTING AND MANAGEMENT
Statute text
View on source(a)The division shall review the real property inventory of each state agency not less than every four years, and a review shall be made during the calendar year before the agency is scheduled for abolition under the Texas Sunset Act (Chapter 325, Government Code). The division may verify the accuracy of inventory records provided by an agency.
(b)The division shall:
(1)identify real property owned or controlled by the state that is not being used or is being substantially underused; and
(2)make recommendations to the commissioner regarding the use of the real property or a real estate transaction involving the real property.
(c)The division's recommendations must include an analysis of the highest and best use to which the real property may legally be placed and shall also include alternative uses of the real property addressing potential for commercial or agricultural lease of the real property or any other real estate transaction or use that the division may deem to be in the best interest of the state.
(d)The division shall submit to the commissioner information pertinent to the evaluation of a real estate transaction involving the real property, including an evaluation of any proposals received from private parties that would be of significant benefit to the state and:
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Legislative history
Acts 2005, 79th Leg., Ch. 194 (H.B. 957), Sec. 1, eff. May 27, 2005. Acts 2007, 80th Leg., R.S., Ch. 1335 (S.B. 1724), Sec. 11, eff. September 1, 2007. Acts 2013, 83rd Leg., R.S., Ch. 1217 (S.B. 1536), Sec. 2.12, eff. September 1, 2013.