81R11086 GCB-D
By: Smith of Harris H.B. No. 4376
A BILL TO BE ENTITLED
AN ACT
relating to the authority of the Baytown Municipal Development
District to use sales tax revenue to promote new or expanded
business development.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subtitle C, Title 4, Special District Local Laws
Code, is amended by adding Chapter 3888 to read as follows:
CHAPTER 3888. SALES TAX REVENUE AUTHORITY FOR BAYTOWN MUNICIPAL
DEVELOPMENT DISTRICT
Sec. 3888.101. DEFINITION. In this chapter, "district"
means the Baytown Municipal Development District.
Sec. 3888.102. SALES TAX REVENUE. Notwithstanding any
other law, the district may spend sales tax revenue on the land,
buildings, equipment, facilities, expenditures, targeted
infrastructure, and improvements the governing body of the district
finds will promote new or expanded business development in the
district.
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.