86R11297 JAM-D
By: González of Dallas H.B. No. 2532
A BILL TO BE ENTITLED
AN ACT
relating to the eligibility of certain municipalities to designate
homestead preservation districts.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 373A.052(b), Local Government Code, is
amended to read as follows:
(b) To be designated as a district within a municipality
described by Section 373A.003(b) under this subchapter, an area
must be composed of census tracts forming a spatially compact area
[contiguous to a central business district and] with:
(1) fewer than 75,000 residents; and
(2) a median family income that is less than 70 percent
of the area median family income, adjusted for household size, as
determined annually by the United States Department of Housing and
Urban Development [$30,000 according to the last decennial census;
and
[(3) an overall poverty rate that is at least two times
the poverty rate for the entire municipality].
SECTION 2. This Act takes effect September 1, 2019.