By Brimer H.B. No. 788
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the authority of a municipality to create an industrial
1-3 development corporation and to levy a sales and use tax to carry
1-4 out the projects of the corporation.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 4B(a)(1), Development Corporation Act of
1-7 1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended to
1-8 read as follows:
1-9 (1) "Eligible city" means a city:
1-10 (A) that is located in a county with a
1-11 population of 750,000 or more, according to the most recent federal
1-12 decennial census and in which the combined rate of all sales and
1-13 use taxes imposed by the city, the state, and other political
1-14 subdivisions of the state having territory in the city does not
1-15 exceed 7.25 percent on the date of any election held under or made
1-16 applicable to this section;
1-17 (B) that has a population of 400,000 or more,
1-18 according to the most recent federal decennial census, and that is
1-19 located in more than one county, and in which the combined rate of
1-20 all sales and use taxes imposed by the city, the state, and other
1-21 political subdivisions of the state having territory in the city,
1-22 including taxes under this section, does not exceed 8.25 percent;
1-23 <or>
1-24 (C) that is located in a county with a
2-1 population of more than 1,100,000 according to the most recent
2-2 federal decennial census, in which there are more than 40
2-3 incorporated municipalities according to the most recent federal
2-4 decennial census, and in which the combined rate of all sales and
2-5 use taxes imposed by the city, the state, and other political
2-6 subdivisions of the state having territory in the city does not
2-7 exceed 7.75 percent on the date of any election held under or made
2-8 applicable to this section; or
2-9 (D) to which Section 4A of this Act applies.
2-10 (E) Paragraph (C) of this subdivision expires
2-11 September 1, 1997.
2-12 SECTION 2. The importance of this legislation and the
2-13 crowded condition of the calendars in both houses create an
2-14 emergency and an imperative public necessity that the
2-15 constitutional rule requiring bills to be read on three several
2-16 days in each house be suspended, and this rule is hereby suspended,
2-17 and that this Act take effect and be in force from and after its
2-18 passage, and it is so enacted.