81R9559 MCK-D By: Ortiz, Jr. H.B. No. 1505 A BILL TO BE ENTITLED AN ACT relating to ownership of a license or permit authorizing the sale of alcoholic beverages at a facility owned by a municipality or county. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter D, Chapter 109, Alcoholic Beverage Code, is amended by adding Section 109.5305 to read as follows: Sec. 109.5305. OWNERSHIP OF LICENSE OR PERMIT FOR A BUILDING OWNED BY A MUNICIPALITY OR COUNTY. The provision of Section 109.53 or a rule adopted by the commission prohibiting subterfuge ownership of a license or permit or the premises covered by a license or permit does not apply to a facility owned by a municipality or county that is financed with public securities, the interest on which is exempt from federal income taxation under the Internal Revenue Code of 1986, or a license or permit issued for a premises at that facility. SECTION 2. This Act takes effect September 1, 2009.