By Allen H.B. No. 2492
74R7278 LJR-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to industrial development corporations created by certain
1-3 cities and the taxes levied for 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) This section applies only to a city:
1-9 (1) located in a county with a population of 500,000
1-10 or fewer according to the most recent federal decennial census;
1-11 <or>
1-12 (2) with a population of fewer than 50,000 according
1-13 to the most recent federal decennial census that:
1-14 (A) is located in two or more counties, one of
1-15 which has a population of 500,000 or greater according to the most
1-16 recent federal decennial census;
1-17 (B) is located within the territorial limits but
1-18 has not elected to become a part of a metropolitan rapid transit
1-19 authority that has a principal city with a population of less than
1-20 1.2 million according to the most recent federal decennial census,
1-21 with such authority being created before January 1, 1980, under
1-22 Chapter 141, Acts of the 63rd Legislature, Regular Session, 1973
1-23 (Article 1118x, Vernon's Texas Civil Statutes); or
1-24 (C) is located within the territorial limits but
2-1 has not elected to become a part of a metropolitan rapid transit
2-2 authority that has a principal city with a population of more than
2-3 750,000 according to the most recent federal decennial census, with
2-4 such authority being created under Chapter 683, Acts of the 66th
2-5 Legislature, Regular Session, 1979 (Article 1118y, Vernon's Texas
2-6 Civil Statutes); or
2-7 (3) to which Section 4B of this Act applies.
2-8 SECTION 2. Section 4A, Development Corporation Act of 1979
2-9 (Article 5190.6, Vernon's Texas Civil Statutes), is amended by
2-10 adding Subsection (s) to read as follows:
2-11 (s) Section 41.001(a), Election Code, does not apply to an
2-12 election held under this section.
2-13 SECTION 3. Section 4B, Development Corporation Act of 1979
2-14 (Article 5190.6, Vernon's Texas Civil Statutes), is amended by
2-15 adding Subsection (d-1) to read as follows:
2-16 (d-1) If a sales and use tax for the benefit of the
2-17 corporation under this section is authorized by a majority of the
2-18 qualified voters of the eligible city voting at an election called
2-19 for that purpose in accordance with Chapter 321, Tax Code, and has
2-20 been levied by the governing body of the eligible city for a
2-21 specific project and the governing body of the eligible city
2-22 determines that the need to levy the sales and use tax authorized
2-23 by this section for a previously authorized specific project no
2-24 longer exists, the governing body of the eligible city may call and
2-25 hold another election in accordance with Chapter 321, Tax Code, to
2-26 obtain authorization from a majority of the qualified voters to use
2-27 the sales and use tax collected and imposed for one or more other
3-1 projects authorized by this section.
3-2 SECTION 4. Section 4B, Development Corporation Act of 1979
3-3 (Article 5190.6, Vernon's Texas Civil Statutes), is amended by
3-4 adding Subsection (o) to read as follows:
3-5 (o) Section 41.001(a), Election Code, does not apply to an
3-6 election held under this section.
3-7 SECTION 5. The importance of this legislation and the
3-8 crowded condition of the calendars in both houses create an
3-9 emergency and an imperative public necessity that the
3-10 constitutional rule requiring bills to be read on three several
3-11 days in each house be suspended, and this rule is hereby suspended,
3-12 and that this Act take effect and be in force from and after its
3-13 passage, and it is so enacted.