Texas 2009 - 81st Regular

Texas House Bill HB377 Latest Draft

Bill / Introduced Version Filed 02/01/2025

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                            81R1521 KSD-D
 By: Miller of Erath H.B. No. 377


 A BILL TO BE ENTITLED
 AN ACT
 relating to the creation and funding of the Texas Rural Job
 Development Fund.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1. Section 481.078, Government Code, is amended by
 adding Subsection (k) to read as follows:
 (k)  The fund may be used to make one or more grants to the
 Office of Rural Community Affairs to implement the office's powers
 and duties relating to rural job development. Subsections (e-1),
 (f), (g), (h), (i), and (j) do not apply to a grant under this
 subsection.
 SECTION 2. Chapter 487, Government Code, is amended by
 adding Subchapter R to read as follows:
 SUBCHAPTER R.  TEXAS RURAL JOB DEVELOPMENT FUND
 Sec. 487.801.  PURPOSE.  The purpose of this subchapter is
 to:
 (1)  promote rural employment opportunities, including
 economic development projects that will stimulate job creation or
 assist in job retention;
 (2)  foster regional collaboration for the development
 of rural employment opportunities;
 (3)  enhance leadership capacity and civic
 participation in rural Texas in an inclusive manner;
 (4)  facilitate wealth creation and retention in rural
 communities to decrease long-term dependency on state and federal
 resources;
 (5)  assist in the development of a highly skilled and
 productive workforce in rural communities;
 (6)  assist the workers in rural areas of this state in
 obtaining education, skills training, and labor market information
 to enhance their employability, earnings, and standard of living;
 and
 (7)  assist rural communities in this state by
 providing economic incentive programs for job creation,
 attraction, and expansion.
 Sec. 487.802. DEFINITIONS. In this subchapter:
 (1)  "Development fund" means the Texas Rural Job
 Development Fund.
 (2)  "Rural community" means a rural area as defined by
 the office.
 Sec. 487.803.  TEXAS RURAL JOB DEVELOPMENT FUND.  (a)  The
 Texas Rural Job Development Fund is an account in the general
 revenue fund.  The account is composed of:
 (1) legislative appropriations;
 (2)  money received from the Texas Enterprise Fund
 under Section 481.078;
 (3)  gifts, grants, donations, and matching funds
 received under Subsection (b);  and
 (4)  other money required by law to be deposited in the
 account.
 (b)  The office may solicit and accept gifts, grants, and
 donations of money from the federal government, local governments,
 private corporations, or other persons to be used for the purposes
 of this subchapter.
 (c)  Income from money in the account shall be credited to
 the account.
 (d)  Money in the development fund may be used only for the
 purposes of this subchapter.
 Sec. 487.804.  INCENTIVES.  The office shall offer
 incentives in the form of grants and loans to entrepreneurs and
 businesses creating or retaining jobs in a rural community.
 SECTION 3. The executive committee of the Office of Rural
 Community Affairs shall adopt rules for the program under
 Subchapter R, Chapter 487, Government Code, as added by this Act,
 not later than March 1, 2010.
 SECTION 4. Implementation of the program under Subchapter
 R, Chapter 487, Government Code, as added by this Act, is contingent
 on appropriation of funding by the legislature.
 SECTION 5. This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution. If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2009.