84R11566 TJB-D
By: White of Tyler H.B. No. 4052
A BILL TO BE ENTITLED
AN ACT
relating to posting certain economic development agreements on the
Internet.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subtitle C, Title 12, Local Government Code, is
amended by adding Chapter 500 to read as follows:
CHAPTER 500. MISCELLANEOUS PLANNING AND DEVELOPMENT PROVISIONS
AFFECTING MORE THAN ONE TYPE OF LOCAL GOVERNMENT
Sec. 500.001. ECONOMIC DEVELOPMENT AGREEMENTS POSTED ON
INTERNET. (a) In this section:
(1) "Economic development agreement" means an
agreement entered into between a political subdivision and a person
to promote state or local economic development and stimulate
business and commercial activity, including an agreement that
provides financial or other incentives to a business to locate,
stay, or expand its operations in or near the political
subdivision.
(2) "Political subdivision" means a county,
municipality, school district, junior college district, other
special district, or other subdivision of state government.
(b) A political subdivision that maintains an Internet
website must post on the website each economic development
agreement that the political subdivision enters into. The political
subdivision must post each agreement continuously from the date the
agreement is executed until the date the agreement expires.
SECTION 2. Notwithstanding Section 500.001, Local
Government Code, as added by this Act, a political subdivision must
post each economic development agreement as defined by that section
that is in effect on the effective date of this Act not later than
December 1, 2015.
SECTION 3. This Act takes effect September 1, 2015.