Texas 2021 - 87th Regular

Texas House Bill HB1502 Compare Versions

Only one version of the bill is available at this time.
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11 87R2 JES-D
22 By: Deshotel H.B. No. 1502
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the extension of the expiration of certain parts of the
88 Texas Economic Development Act.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Section 313.007, Tax Code, is amended to read as
1111 follows:
1212 Sec. 313.007. EXPIRATION. Subchapters B and C expire
1313 December 31, 2032 [2022].
1414 SECTION 2. This Act takes effect immediately if it receives
1515 a vote of two-thirds of all the members elected to each house, as
1616 provided by Section 39, Article III, Texas Constitution. If this
1717 Act does not receive the vote necessary for immediate effect, this
1818 Act takes effect September 1, 2021.