73R6288 CAE-D
          By Ramsay                                             H.B. No. 2297
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to cities that may incorporate certain industrial
    1-3  development corporations and projects of those corporations.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 4A(a), Development Corporation Act of
    1-6  1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended to
    1-7  read as follows:
    1-8        (a)  In this section "project" means land, buildings,
    1-9  equipment, facilities, and improvements included in the definition
   1-10  of that term under Section 2 of this Act and land, buildings,
   1-11  equipment, facilities, and improvements found by the board of
   1-12  directors to be required or suitable for use for professional and
   1-13  amateur (including children's) sports, athletic, entertainment,
   1-14  tourist, convention, and public park purposes and events, including
   1-15  stadiums, ball parks, auditoriums, amphitheaters, concert halls,
   1-16  learning centers, parks and park facilities, open space
   1-17  improvements, municipal buildings, museums, exhibition facilities,
   1-18  and related store, restaurant, concession, and automobile parking
   1-19  facilities, related area transportation facilities, and related
   1-20  roads, streets, and water and sewer facilities, and other related
   1-21  improvements that enhance any of those items.   A corporation may
   1-22  not undertake a project the primary purpose of which is to provide
   1-23  transportation facilities, solid waste disposal facilities, or air
   1-24  or water pollution control facilities.  However, the corporation
    2-1  may provide those facilities to benefit property acquired for a
    2-2  project having another primary purpose. The corporation may
    2-3  undertake a municipal water supply project and provide related
    2-4  transmission and treatment facilities connected with a municipally
    2-5  owned or operated water system or sewage system.  The corporation
    2-6  may undertake a project the primary purpose of which is to provide:
    2-7              (1)  a general aviation business service airport that
    2-8  is an integral part of an industrial park; or
    2-9              (2)  port-related facilities to support waterborne
   2-10  commerce  <This section applies only to a city:>
   2-11              <(1)  located in a county with a population of 500,000
   2-12  or fewer according to the most recent federal decennial census; or>
   2-13              <(2)  with a population of fewer than 50,000 according
   2-14  to the most recent federal decennial census that:>
   2-15                    <(A)  is located in two or more counties, one of
   2-16  which has a population of 500,000 or greater according to the most
   2-17  recent federal decennial census;>
   2-18                    <(B)  is located within the territorial limits
   2-19  but has not elected to become a part of a metropolitan rapid
   2-20  transit authority that has a principal city with a population of
   2-21  less than 1.2 million according to the most recent federal
   2-22  decennial census, with such authority being created before January
   2-23  1, 1980, under Chapter 141, Acts of the 63rd Legislature, Regular
   2-24  Session, 1973 (Article 1118x, Vernon's Texas Civil Statutes); or>
   2-25                    <(C)  is located within the territorial limits
   2-26  but has not elected to become a part of a metropolitan rapid
   2-27  transit authority that has a principal city with a population of
    3-1  more than 750,000 according to the most recent federal decennial
    3-2  census, with such authority being created under Chapter 683, Acts
    3-3  of the 66th Legislature, Regular Session, 1979 (Article 1118y,
    3-4  Vernon's Texas Civil Statutes)>.
    3-5        SECTION 2.  Section 4A(i), Development Corporation Act of
    3-6  1979 (Article 5190.6, Vernon's Texas Civil Statutes), is repealed.
    3-7        SECTION 3.  This Act takes effect September 1, 1993.
    3-8        SECTION 4.  The importance of this legislation and the
    3-9  crowded condition of the calendars in both houses create an
   3-10  emergency and an imperative public necessity that the
   3-11  constitutional rule requiring bills to be read on three several
   3-12  days in each house be suspended, and this rule is hereby suspended.
   3-13                       COMMITTEE AMENDMENT NO. 1
   3-14        Amend H.B. 2297 as follows:
   3-15        (1)  On line 5, page 3 insert a new Section 2:
   3-16        SECTION 2.  Section 4A, Development Corporation Act of 1979
   3-17  (Article 5190.6, Vernon's Texas Civil Statutes) is amended by
   3-18  adding a new Subsection (q) to read as follows:
   3-19        (q)  a corporation under this section may not assume a debt
   3-20  or make any expenditure to pay principle or interest on an debt if
   3-21  the debt existed before the date the city created the corporation.
   3-22        (2)  Renumber the subsequent sections appropriately.
   3-23                                                          Holzheauser