81R1062 EAH-D
By: Shapleigh S.B. No. 251
A BILL TO BE ENTITLED
AN ACT
relating to the posting of certain business tax incentives on
Internet websites maintained by certain political subdivisions.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 140, Local Government Code, is amended
by adding Section 140.008 to read as follows:
Sec. 140.008. INTERNET POSTING OF CERTAIN TAX INCENTIVES
REQUIRED. (a) This section applies only to a county or
municipality with a population of 250,000 or more.
(b) A county or municipality that maintains an Internet
website shall post the following information on the website:
(1) any current local sales and use tax incentive
offered by the county or municipality to a business, including
exemptions from and rebates of those taxes; and
(2) any proposed local sales and use tax incentive to
be offered by the county or municipality to a business, including
exemptions from and rebates of those taxes.
(c) When a tax incentive described by Subsection (b)(2) is
on the agenda or otherwise up for consideration at a meeting of the
governing body of the county or municipality, the county or
municipality shall post the agenda on any Internet website the
county or municipality maintains.
(d) The county or municipality shall:
(1) post the information described by Subsection (b)
as soon as practicable; and
(2) periodically update that information to maintain
accuracy.
SECTION 2. (a) The change in law made by Section 140.008,
Local Government Code, as added by this Act, applies only to a local
sales and use tax incentive offered or proposed to be offered on or
after September 1, 2009.
(b) A county or municipality shall begin posting the
information required by Section 140.008, Local Government Code, not
later than January 1, 2010.
SECTION 3. This Act takes effect September 1, 2009.