Tex. Gov't Code § 2116.072

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2116.072 - Purchase of Building Subject to Existing Leases

The comptroller may:

(1) acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and

(2) renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.

Tex. Gov't. Code § 2116.072

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 981,Sec. 2, eff. 6/18/2021.