Texas 2017 - 85th Regular

Texas Senate Bill SB1387 Latest Draft

Bill / Introduced Version Filed 03/07/2017

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                            85R5393 CLG-F
 By: Hinojosa S.B. No. 1387


 A BILL TO BE ENTITLED
 AN ACT
 relating to certain requirements for designation as a qualified
 business under the enterprise zone program.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 2303.401, Government Code, is amended to
 read as follows:
 Sec. 2303.401.  DEFINITIONS. In this subchapter:
 (1)  "New permanent job" means a new employment
 position, regardless of title, that:
 (A)  is created by a qualified business as
 described by Section 2303.402 at the qualified business site not
 earlier than the 90th day before the date the business's project or
 activity is designated as an enterprise project under this chapter;
 (B)  is defined and certified by the qualified
 business as a full-time position and provides employment benefits,
 including health care benefits, [will provide or has provided for
 the duration of the project's designation period at least 1,820
 hours of employment a year] to a qualified employee; and
 (C)  will exist or has existed at the qualified
 business site for at least [the longer of]:
 (i)  the duration of the project's
 designation period; or
 (ii)  three years after the date on which a
 state benefit is received as authorized by this chapter.
 (2)  "Retained job" means an employment position,
 regardless of title, [a job] that:
 (A)  existed with a qualified business on the 91st
 day before the date the business's project or activity is
 designated as an enterprise project;
 (B)  is defined and certified by the qualified
 business as a full-time position and provides employment benefits,
 including health care benefits, [has provided and will continue to
 provide employment] to a qualified employee [of at least 1,820
 hours annually]; and
 (C)  will be or has been an employment position
 for at least [the longer of]:
 (i)  the duration of the project's
 designation period; or
 (ii)  three years after the expiration date
 of the claim period for receipt of a state benefit authorized by
 this chapter.
 SECTION 2.  The changes in law made by this Act apply only to
 an application for an enterprise project designation under the
 enterprise zone program established under Chapter 2303, Government
 Code, as amended by this Act, that is submitted on or after the
 effective date of this Act. An application for an enterprise
 project designation under the enterprise zone program that is
 submitted before the effective date of this Act is governed by the
 law in effect on the date the application is submitted, and the
 former law is continued in effect for that purpose.
 SECTION 3.  This Act takes effect September 1, 2017.