Texas 2009 - 81st Regular

Texas Senate Bill SB1033

Filed
 
Out of Senate Committee
3/24/09  
Voted on by Senate
4/2/09  
Out of House Committee
5/15/09  
Voted on by House
5/26/09  
Governor Action
6/19/09  
Bill Becomes Law
 
Enrolled
5/26/09  

Caption

Relating to the purposes and powers of the Temple Health and Bioscience Economic Development District.

Impact

The bill amends existing statutes to enable the Temple district to participate in tax increment reinvestment zones, allowing for funds generated from increased property taxes to be reinvested in the district for development projects. This mechanism is set to enhance the district's capabilities in funding various projects, improving infrastructure, and increasing operational efficiency. The provisions allow the district to acquire property and establish fees for the use and operation of district services, which may lead to further investments in the local area.

Summary

SB1033 relates to the purposes and powers of the Temple Health and Bioscience Economic Development District. This legislation aims to foster economic development in the Temple area through the establishment of special district powers, allowing for projects related to health and bioscience, including research, commercialization, and manufacturing. A primary aim of the bill is the development and diversification of the local economy, thus anticipating job creation and reduced unemployment levels through the promotion of bioscience and health enterprises.

Contention

Opponents of SB1033 may raise concerns regarding the expanded powers of the district, particularly regarding the establishment of fees and the issuance of bonds without direct oversight from the Texas Commission on Environmental Quality for certain projects. This could present debates on the effectiveness and accountability of local governance, as the bill allows for substantial control over financial operations and project implementations, including those that extend beyond traditional district boundaries. The advocacy for establishing a nonprofit corporation under this legislation could also lead to discussions about public versus private sector roles in economic development.

Companion Bills

TX HB1640

Identical Relating to the purposes and powers of the Temple Health and Bioscience Economic Development District.

Previously Filed As

TX HB5352

Relating to the approval and creation of the Williamson County Development District No. 1; and to the administration, powers, duties, operation, and financing of the district, including the authority to impose an assessment, a tax, and issue bonds.

TX HB2421

Relating to the reenactment of expired provisions of the Texas Economic Development Act.

TX HB5282

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB2449

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB5359

Relating to the creation of the Williamson County Development District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX HB4429

Relating to the duty of a school district to enter into an ad valorem tax abatement agreement under the Property Redevelopment and Tax Abatement Act for certain property.

TX SB32

Relating to land development, waste management, and the creation of special districts in counties.

TX SB1926

Relating to the establishment of the Texas Mircale Act (TMA), allowing for certain fees, authorizing certain ad valorem tax incentives for economic development, specifically certain tax relief from school district taxes for certain corporations and limited liability companies that make large investments that create jobs in this state, to authorizing the imposition of certain fees, and the repeal of Chapter 313 of Texas Tax Code and the Economic Development Act of the 77th Legislature.

TX SB2153

Relating to certain school district tax abatements for power system reliability projects.

TX HB5344

Relating to the eligibility of certain retired firefighters, police officers, and emergency medical services providers to purchase continued health benefits coverage; the creation of certain special purpose districts and the name, powers, and duties of the 3 B&J Municipal Utility District; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

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