By: Ortiz, Jr., et al. H.B. No. 271
(Senate Sponsor - Van de Putte)
(In the Senate - Received from the House April 1, 2009;
April 24, 2009, read first time and referred to Committee on
Economic Development; May 6, 2009, reported adversely, with
favorable Committee Substitute by the following vote: Yeas 4,
Nays 0; May 6, 2009, sent to printer.)
COMMITTEE SUBSTITUTE FOR H.B. No. 271 By: Harris
A BILL TO BE ENTITLED
AN ACT
relating to the designation of enterprise projects during a
biennium.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 2303.406(d), Government Code, is amended
to read as follows:
(d) The maximum number of enterprise projects that the bank
may designate for each nominating body during any biennium is:
(1) six, if the nominating body is the governing body
of [four, plus two additional bonus projects the bank may award in]
a municipality or county with a population of less than 250,000; or
(2) nine [six], if the nominating body is the
governing body of a municipality or county with a population of
250,000 or more.
SECTION 2. Section 2303.406(e), Government Code, is amended
as follows:
(e) The office may, during any biennium, designate multiple
concurrent enterprise projects to a qualified business located at a
qualified business site [in an enterprise zone].
SECTION 3. This Act takes effect September 1, 2009.
* * * * *