Texas 2019 - 86th Regular

Texas House Bill HB3380 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	86R12999 SMH-F
2	2	By: Johnson of Harris H.B. No. 3380
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to the inclusion of certain public safety facilities in a
8	8	tax increment financing reinvestment zone and the making of
9	9	improvements to public safety infrastructure in a zone.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Section 311.002(1), Tax Code, is amended to read
12	12	as follows:
13	13	(1) "Project costs" means the expenditures made or
14	14	estimated to be made and monetary obligations incurred or estimated
15	15	to be incurred by the municipality or county designating a
16	16	reinvestment zone that are listed in the project plan as costs of
17	17	public works, public improvements, programs, or other projects
18	18	benefiting the zone, plus other costs incidental to those
19	19	expenditures and obligations. "Project costs" include:
20	20	(A) capital costs, including the actual costs of
21	21	the acquisition and construction of public works, public
22	22	improvements, new buildings, structures, and fixtures; the actual
23	23	costs of the acquisition, demolition, alteration, remodeling,
24	24	repair, or reconstruction of existing buildings, structures, and
25	25	fixtures; the actual costs of the remediation of conditions that
26	26	contaminate public or private land or buildings; the actual costs
27	27	of the preservation of the facade of a public or private building;
28	28	the actual costs of the demolition of public or private buildings;
29	29	and the actual costs of the acquisition of land and equipment and
30	30	the clearing and grading of land;
31	31	(B) financing costs, including all interest paid
32	32	to holders of evidences of indebtedness or other obligations issued
33	33	to pay for project costs and any premium paid over the principal
34	34	amount of the obligations because of the redemption of the
35	35	obligations before maturity;
36	36	(C) real property assembly costs;
37	37	(D) professional service costs, including those
38	38	incurred for architectural, planning, engineering, and legal
39	39	advice and services;
40	40	(E) imputed administrative costs, including
41	41	reasonable charges for the time spent by employees of the
42	42	municipality or county in connection with the implementation of a
43	43	project plan;
44	44	(F) relocation costs;
45	45	(G) organizational costs, including the costs of
46	46	conducting environmental impact studies or other studies, the cost
47	47	of publicizing the creation of the zone, and the cost of
48	48	implementing the project plan for the zone;
49	49	(H) interest before and during construction and
50	50	for one year after completion of construction, whether or not
51	51	capitalized;
52	52	(I) the cost of operating the reinvestment zone
53	53	and project facilities;
54	54	(J) the amount of any contributions made by the
55	55	municipality or county from general revenue for the implementation
56	56	of the project plan;
57	57	(K) the costs of school buildings, other
58	58	educational buildings, other educational facilities, or other
59	59	buildings owned by or on behalf of a school district, community
60	60	college district, or other political subdivision of this state;
61	61	[and]
62	62	(L) payments made at the discretion of the
63	63	governing body of the municipality or county that the governing
64	64	body finds necessary or convenient to the creation of the zone or to
65	65	the implementation of the project plans for the zone; and
66	66	(M) costs associated with improvements to fire
67	67	and police stations.
68	68	SECTION 2. Section 311.006, Tax Code, is amended by adding
69	69	Subsection (a-1) to read as follows:
70	70	(a-1) A municipality may not designate an area as a
71	71	reinvestment zone unless the area includes:
72	72	(1) police stations that, in the aggregate, serve a
73	73	majority of the area included in the zone; and
74	74	(2) fire stations that, in the aggregate, serve a
75	75	majority of the area included in the zone.
76	76	SECTION 3. Section 311.011, Tax Code, is amended by adding
77	77	Subsection (i) to read as follows:
78	78	(i) The project plan must include a plan for making any
79	79	necessary improvements to the public safety infrastructure in the
80	80	zone.
81	81	SECTION 4. The changes in law made by this Act apply only to
82	82	a reinvestment zone designated by a municipality under Chapter 311,
83	83	Tax Code, on or after the effective date of this Act.
84	84	SECTION 5. This Act takes effect immediately if it receives
85	85	a vote of two-thirds of all the members elected to each house, as
86	86	provided by Section 39, Article III, Texas Constitution. If this
87	87	Act does not receive the vote necessary for immediate effect, this
88	88	Act takes effect September 1, 2019.