Texas 2017 - 85th Regular

Texas Senate Bill SB1387 Compare Versions

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11 85R5393 CLG-F
22 By: Hinojosa S.B. No. 1387
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to certain requirements for designation as a qualified
88 business under the enterprise zone program.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Section 2303.401, Government Code, is amended to
1111 read as follows:
1212 Sec. 2303.401. DEFINITIONS. In this subchapter:
1313 (1) "New permanent job" means a new employment
1414 position, regardless of title, that:
1515 (A) is created by a qualified business as
1616 described by Section 2303.402 at the qualified business site not
1717 earlier than the 90th day before the date the business's project or
1818 activity is designated as an enterprise project under this chapter;
1919 (B) is defined and certified by the qualified
2020 business as a full-time position and provides employment benefits,
2121 including health care benefits, [will provide or has provided for
2222 the duration of the project's designation period at least 1,820
2323 hours of employment a year] to a qualified employee; and
2424 (C) will exist or has existed at the qualified
2525 business site for at least [the longer of]:
2626 (i) the duration of the project's
2727 designation period; or
2828 (ii) three years after the date on which a
2929 state benefit is received as authorized by this chapter.
3030 (2) "Retained job" means an employment position,
3131 regardless of title, [a job] that:
3232 (A) existed with a qualified business on the 91st
3333 day before the date the business's project or activity is
3434 designated as an enterprise project;
3535 (B) is defined and certified by the qualified
3636 business as a full-time position and provides employment benefits,
3737 including health care benefits, [has provided and will continue to
3838 provide employment] to a qualified employee [of at least 1,820
3939 hours annually]; and
4040 (C) will be or has been an employment position
4141 for at least [the longer of]:
4242 (i) the duration of the project's
4343 designation period; or
4444 (ii) three years after the expiration date
4545 of the claim period for receipt of a state benefit authorized by
4646 this chapter.
4747 SECTION 2. The changes in law made by this Act apply only to
4848 an application for an enterprise project designation under the
4949 enterprise zone program established under Chapter 2303, Government
5050 Code, as amended by this Act, that is submitted on or after the
5151 effective date of this Act. An application for an enterprise
5252 project designation under the enterprise zone program that is
5353 submitted before the effective date of this Act is governed by the
5454 law in effect on the date the application is submitted, and the
5555 former law is continued in effect for that purpose.
5656 SECTION 3. This Act takes effect September 1, 2017.