By: Estes S.B. No. 1467
A BILL TO BE ENTITLED
AN ACT
relating to economic development incentives for firearms
manufacturers, firearms accessory manufacturers, and ammunition
manufacturers.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 481, Government Code, is
amended by adding Section 481.0297 to read as follows:
Sec. 481.0297. FIREARM AND AMMUNITION MANUFACTURERS.
(a) The office shall facilitate the location, expansion, and
retention of firearms manufacturers, firearms accessory
manufacturers, and ammunition manufacturers to the state,
including:
(1) identifying domestic and international firearms
manufacturers, firearms accessory manufacturers, and ammunition
manufacturers interested in expanding or relocating to the state;
and
(2) issuing requests for proposals for the location,
relocation, or expansion of firearms manufacturers, firearms
accessory manufacturers, and ammunition manufacturers to the
state.
(b) Upon receipt of proposals under Subsection (a), the
office may negotiate on behalf of the state the issuance of funds
provided by Section 481.078, franchise tax exemptions, sales tax
exemptions, and other incentives as provided by this chapter or
other provisions of the law commensurate with the size and scope of
the proposed project.
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, 2013.