81R2213 MCK-D
By: Ortiz, Jr. H.B. No. 691
A BILL TO BE ENTITLED
AN ACT
relating to ownership restrictions on the holders of permits and
licenses authorizing the sale of alcoholic beverages.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 109, Alcoholic Beverage
Code, is amended by adding Section 109.5305 to read as follows:
Sec. 109.5305. OWNERSHIP OF PERMIT FOR A BUILDING OWNED BY A
MUNICIPALITY OR COUNTY. The provision of Section 109.53 or a rule
adopted by the commission prohibiting subterfuge ownership of a
license or permit or the premises covered by a license or permit
does not apply to a facility owned by a municipality or county that
is financed with public securities, the interest on which is exempt
from federal income taxation under the Internal Revenue Code of
1986, or a license or permit issued for a premises at that facility.
SECTION 2. This Act takes effect September 1, 2009.