81R10937 CLG-D
By: Turner of Tarrant H.B. No. 3956
A BILL TO BE ENTITLED
AN ACT
relating to use of sales and tax revenues by certain development
corporations to promote higher education and job training
opportunities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter C, Chapter 504, Local Government
Code, as effective April 1, 2009, is amended by adding Section
504.1025 to read as follows:
Sec. 504.1025. PROJECTS RELATING TO PROMOTING HIGHER
EDUCATION AND JOB TRAINING OPPORTUNITIES. (a) For purposes of this
section, "education and job training project" means:
(1) expenditures to provide scholarships to students
who:
(A) enroll in institutions of higher education
located in the authorizing municipality; or
(B) are residents of the authorizing
municipality and who enroll at a public junior college located
within the same junior college district service area in which the
authorizing municipality is located; and
(2) expenditures to support job training
opportunities offered through an institution of higher education
located in the authorizing municipality.
(b) A Type A corporation may contract with a nonprofit
corporation to administer an education and job training project or
to assist the corporation with the administration of the project.
The authorizing municipality may designate for the purposes of this
section not more than one-eighth of the tax revenue that the
municipality is entitled to receive from any sales and use tax
adopted under this chapter.
SECTION 2. 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.