By Wilson H.B. No. 3137 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to taxes levied for projects of industrial development 1-3 corporations created for specific purposes. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Chapter 321, Tax Code, is amended by adding 1-6 Section 321.106 to read as follows: 1-7 Section 321.106. Certain Uses Prohibited. A municipality 1-8 may not impose a tax under this section for a specific project 1-9 under section 4A, Development Corporation Act, that includes a 1-10 racetrack licensed pursuant to the Texas Racing Act (Article 179e, 1-11 Vernon's Texas Civil Statutes). 1-12 SECTION 2. This act applies to any tax imposed by a 1-13 municipality before or after the effective date of this act. If an 1-14 eligible city has held an election under Chapter 321, Tax Code, for 1-15 the purposes prohibited herein, that election is hereby rescinded. 1-16 SECTION 3. The importance of this legislation and the 1-17 crowded condition of the calendars in both houses create an 1-18 emergency and an imperative public necessity that the 1-19 constitutional rule requiring bills to be read on three several 1-20 occasions in each house be suspended, and this rule is hereby 1-21 suspended, and that this Act take effect and be in force from and 1-22 after its passage, and it is so enacted.