By Pitts H.B. No. 2755 74R314 SMH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to tax abatements by school districts. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 312.002, Tax Code, is amended by adding 1-5 Subsection (e) to read as follows: 1-6 (e) A school district may not enter into a tax abatement 1-7 agreement under this chapter. In this subsection, "school 1-8 district" has the meaning assigned by Section 11.13(m)(2). 1-9 SECTION 2. The change in law made by this Act does not 1-10 affect the validity of a tax abatement agreement entered into 1-11 before the effective date of this Act. A tax abatement agreement 1-12 entered into before the effective date of this Act is governed by 1-13 the law in effect when the agreement was entered into, and the 1-14 former law is continued in effect for that purpose. 1-15 SECTION 3. The importance of this legislation and the 1-16 crowded condition of the calendars in both houses create an 1-17 emergency and an imperative public necessity that the 1-18 constitutional rule requiring bills to be read on three several 1-19 days in each house be suspended, and this rule is hereby suspended, 1-20 and that this Act take effect and be in force from and after its 1-21 passage, and it is so enacted.