Texas 2019 - 86th Regular

Texas Senate Bill SB350 Latest Draft

Bill / Introduced Version Filed 01/14/2019

                            86R5188 JES-D
 By: Powell S.B. No. 350


 A BILL TO BE ENTITLED
 AN ACT
 relating to the expiration of the Property Redevelopment and Tax
 Abatement Act.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Sections 312.006 and 320.001, Tax Code, are
 repealed.
 SECTION 2.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution.  If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2019.