By: England (Senate Sponsor - Harris) H.B. No. 752
(In the Senate - Received from the House April 23, 2009;
April 24, 2009, read first time and referred to Committee on
Economic Development; April 29, 2009, reported favorably by the
following vote: Yeas 5, Nays 0; April 29, 2009, sent to printer.)
A BILL TO BE ENTITLED
AN ACT
relating to the authority of certain municipalities to enter into
an agreement with a school district to dedicate revenue from a tax
increment fund to the district for the acquisition, construction,
or reconstruction of an educational facility.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 311.0085(a), Tax Code, is amended to
read as follows:
(a) This section applies only to a municipality with a
population of less than 130,000 as shown by the 2000 federal
decennial census that has[:
[(1)] territory in three counties[; and
[(2) a population of less than 120,000].
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.
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