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House Bill 752 |
House Author: England |
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Effective: 5-19-09 |
Senate Sponsor: Harris |
Current law authorizes a municipality with territory in three counties, and a population of less than 120,000, to enter into or amend an existing agreement with a school district located in whole or in part in a reinvestment zone created by the municipality to dedicate revenue from the zone's tax increment fund to the school district for acquiring, constructing, or reconstructing an educational facility located in or outside of the zone. House Bill 752 amends the Tax Code to modify the population threshold, making the provision applicable to a three-county municipality with a population of less than 130,000.