| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 81R7298 DAK-D | |
| 2 | 2 | By: Gonzales H.B. No. 3409 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the use of money from the Texas Enterprise Fund to | |
| 8 | 8 | recruit and retain automotive manufacturing facilities. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 481.078, Government Code, is amended by | |
| 11 | 11 | adding Subsection (e-2) to read as follows: | |
| 12 | 12 | (e-2) Notwithstanding Subsection (e-1), a municipality is | |
| 13 | 13 | eligible to receive a grant under this section for the purpose of | |
| 14 | 14 | recruiting or retaining an automotive manufacturing facility. A | |
| 15 | 15 | particular municipality may not receive more than $50 million in | |
| 16 | 16 | grants under this subsection in a state fiscal year. A municipality | |
| 17 | 17 | may apply for a grant under this section in the same manner as a | |
| 18 | 18 | business entity. | |
| 19 | 19 | SECTION 2. This Act takes effect September 1, 2009. |