Texas 2013 - 83rd Regular

Texas House Bill HB1290 Compare Versions

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Old	New	Differences
1	1	83R13220 JAM-D
2	2	By: Phillips H.B. No. 1290
3	3	Substitute the following for H.B. No. 1290:
4	4	By: Phillips C.S.H.B. No. 1290
5	5
6	6
7	7	A BILL TO BE ENTITLED
8	8	AN ACT
9	9	relating to the authority for local governments to jointly
10	10	administer transportation reinvestment zones.
11	11	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	12	SECTION 1. Subchapter E, Chapter 222, Transportation Code,
13	13	is amended by adding Section 222.111 to read as follows:
14	14	Sec. 222.111. JOINT ADMINISTRATION OF TRANSPORTATION
15	15	REINVESTMENT ZONES. (a) The governing bodies of two or more local
16	16	governments that have designated a transportation reinvestment
17	17	zone under Section 222.106 or 222.107 for the same transportation
18	18	project or projects may enter into an agreement to provide for the
19	19	joint administration of the transportation reinvestment zones. The
20	20	agreement may provide for:
21	21	(1) the creation of a board of directors to oversee the
22	22	transportation reinvestment zones, including the implementation of
23	23	a transportation project in the zones;
24	24	(2) the establishment of a joint tax increment account
25	25	for the transportation reinvestment zones;
26	26	(3) separate accounts for the maintenance of funds
27	27	from a zone created under Section 222.106 and funds from a zone
28	28	created under Section 222.107;
29	29	(4) the commitment of each participating entity to
30	30	transfer the tax increment or assessment, or the portion thereof
31	31	dedicated to a transportation project, to an account subject to the
32	32	joint administration; and
33	33	(5) to the extent legally permitted, the pledge or
34	34	assignment of the tax increment or assessment to an entity
35	35	developing a transportation project or providing funding for a
36	36	transportation project.
37	37	(b) A board of directors is composed of one person appointed
38	38	by each local government that is a party to the agreement providing
39	39	for joint administration of the transportation reinvestment zones
40	40	and one person appointed by agreement of those local governments.
41	41	(c) Notwithstanding any other law, a local government may
42	42	designate a transportation reinvestment zone for a transportation
43	43	project located outside the local government's boundaries if:
44	44	(1) the local government finds that:
45	45	(A) the project will benefit the property and
46	46	residents located in the zone; and
47	47	(B) the creation of the zone will serve a public
48	48	purpose of the local government;
49	49	(2) a zone has been designated for the same project by
50	50	one or more local governments in whose boundaries the project is
51	51	located; and
52	52	(3) an agreement for joint administration of the
53	53	designated zones is entered into under this section by:
54	54	(A) the local government whose boundaries do not
55	55	contain the project; and
56	56	(B) one or more of the local governments that
57	57	have designated a zone for the project and in whose boundaries the
58	58	project is located.
59	59	SECTION 2. This Act takes effect immediately if it receives
60	60	a vote of two-thirds of all the members elected to each house, as
61	61	provided by Section 39, Article III, Texas Constitution. If this
62	62	Act does not receive the vote necessary for immediate effect, this
63	63	Act takes effect September 1, 2013.