HOUSE BILL 820 |
HOUSE AUTHOR: Giddings |
EFFECTIVE: 09-01-01 |
SENATE SPONSOR: West, Royce |
House Bill 820 amends the Government Code to increase from 65 to 85 the number of qualified businesses that the Texas Department of Economic Development may designate as enterprise projects during any biennium and to place caps on the number of qualified businesses that the department may designate as enterprise projects within any one enterprise zone. The cap is four, plus two additional bonus projects, in a municipality or county with a population of less than 250,000, or six if the governing body of the enterprise zone is the governing body of a municipality or county with a population of 250,000 or more.