HOUSE BILL 3647 |
HOUSE AUTHOR: Glaze |
EFFECTIVE: 06-15-01 |
SENATE SPONSOR: Cain |
House Bill 3647 provides for the creation, administration, powers, duties, operation, and financing of the Smith County Economic Development District. The district is authorized to impose an ad valorem tax and issue bonds to provide certain improvements and services that will promote the economic health and vitality of the area as a community and business center and provide for the general welfare of the public.