Enrolled Bill Summary
Legislative Session: 87(R)|
House Bill 1929 |
House Author: Wilson |
|
Effective: 9-1-21 |
Senate Sponsor: Buckingham |
House Bill 1929 amends the Local Government Code to establish that annexation by a municipality of land subject to a development agreement contract does not invalidate the enforceability of the contract or infringe on the rights of a party to adjudicate a claim arising under the contract. The bill specifies that such a contract is an economic development program authorized by the legislature under the Texas Constitution, establishes that a municipality that enters into a contract waives immunity from suit for the purpose of adjudicating a claim for breach of the contract, and provides for actual damages, specific performance, or injunctive relief to be granted in an adjudication brought against a municipality for a breach.