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1 | 1 | 83R10250 CLG-D | |
2 | 2 | By: Springer H.B. No. 2521 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to a project authorized to be undertaken by a Type B | |
8 | 8 | economic development corporation in connection with housing. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 505.153, Local Government Code, is | |
11 | 11 | amended to read as follows: | |
12 | 12 | Sec. 505.153. PROJECTS RELATED TO [AFFORDABLE] HOUSING. | |
13 | 13 | For purposes of this chapter, "project" includes land, buildings, | |
14 | 14 | equipment, facilities, and improvements found by the board of | |
15 | 15 | directors to be required or suitable for the promotion of | |
16 | 16 | development and expansion of housing, including affordable | |
17 | 17 | housing, as described by 42 U.S.C. Section 12745. | |
18 | 18 | SECTION 2. This Act takes effect immediately if it receives | |
19 | 19 | a vote of two-thirds of all the members elected to each house, as | |
20 | 20 | provided by Section 39, Article III, Texas Constitution. If this | |
21 | 21 | Act does not receive the vote necessary for immediate effect, this | |
22 | 22 | Act takes effect September 1, 2013. |