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Senate Bill 1090 |
Senate Author: Madla |
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Effective: 9-1-05 |
House Sponsor: Menendez et al. |
Senate Bill 1090 amends the Local Government Code to expand the authorized powers and duties of a defense base development authority to include setting borrowing and bond amount caps; leasing, owning, and operating an airport and exercising related powers; leasing, owning, and operating port facilities for air, trucking, and rail transportation; providing port security; and cooperating with and participating in state and federal Homeland Security programs and security efforts. The bill reinstates a defense base development authority's tax exemption from the commonly termed 4A/4B sales tax.