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1 | 1 | 89R382 MZM-F | |
2 | 2 | By: Miles S.B. No. 2084 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A BILL TO BE ENTITLED | |
8 | 8 | AN ACT | |
9 | 9 | relating to the financing of certain grocery stores by a public | |
10 | 10 | facility corporation. | |
11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
12 | 12 | SECTION 1. Section 303.003(7), Local Government Code, is | |
13 | 13 | amended to read as follows: | |
14 | 14 | (7) "Public facility" means any real, personal, or | |
15 | 15 | mixed property, or an interest in property devoted or to be devoted | |
16 | 16 | to public use, and authorized to be financed, refinanced, or | |
17 | 17 | provided by sponsor obligations or bonds issued under this chapter. | |
18 | 18 | The term includes a grocery store located in an economically | |
19 | 19 | disadvantaged census tract as defined by Section 783.009(b), | |
20 | 20 | Government Code. | |
21 | 21 | SECTION 2. This Act takes effect September 1, 2025. |