By Wilson H.B. No. 166
75R1948 SAW-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the creation of the housing for the homeless fund
1-3 within the Texas Department of Housing and Community Affairs;
1-4 granting the authority to issue bonds; and the allocation of
1-5 certain sales and use tax revenue.
1-6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-7 SECTION 1. Subchapter I, Chapter 2306, Government Code, is
1-8 amended by adding Section 2306.208 to read as follows:
1-9 Sec. 2306.208. HOUSING FOR THE HOMELESS FUND. (a) The
1-10 housing for the homeless fund is created in the state treasury.
1-11 Money in the fund may be appropriated only to provide grants to
1-12 municipalities and counties to construct and equip facilities for
1-13 the homeless.
1-14 (b) The proceeds of bonds issued under Section 2306.3531
1-15 shall be deposited in the housing for the homeless fund.
1-16 (c) A municipality or county may apply to the department for
1-17 a grant from proceeds from bonds issued under Section 2306.3531.
1-18 The department by rule shall establish procedures to apply for a
1-19 grant under this section.
1-20 (d) A municipality or county may contract with a private
1-21 nonprofit corporation, as defined by the Texas Non-Profit
1-22 Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil
1-23 Statutes), to operate a facility constructed or equipped by a grant
1-24 under this section.
2-1 SECTION 2. Subchapter P, Chapter 2306, Government Code, is
2-2 amended by adding Section 2306.3531 to read as follows:
2-3 Sec. 2306.3531. HOUSING FOR THE HOMELESS BONDS. (a) In
2-4 addition to issuing other bonds under Subchapter P, the department
2-5 may issue bonds in an amount not to exceed $50 million for the
2-6 purposes provided by Section 2306.208.
2-7 (b) The bonds may be issued from time to time in one or more
2-8 series or issues.
2-9 (c) The bonds shall be payable as to principal and interest
2-10 and redemption premium, if any, from money deposited in the reserve
2-11 fund as provided by Section 151.801, Tax Code.
2-12 (d) The department shall keep records of bonds issued under
2-13 this section separate from records of other bonds the department
2-14 issues under this subchapter.
2-15 SECTION 3. Section 151.801, Tax Code, is amended by amending
2-16 Subsection (a), redesignating existing Subsection (e) as Subsection
2-17 (f), and adding a new Subsection (e) to read as follows:
2-18 (a) Except for the amounts allocated under Subsections (b),
2-19 [and] (c), and (e), all proceeds from the collection of the taxes
2-20 imposed by this chapter shall be deposited to the credit of the
2-21 general revenue fund.
2-22 (e) Eight-tenths of one percent of the proceeds from the
2-23 collection of the taxes imposed by this chapter shall be deposited
2-24 to the credit of the Texas Department of Housing and Community
2-25 Affairs, housing finance division reserve fund as created in
2-26 Section 2306.207, Government Code.
2-27 (f) In this section:
3-1 (1) "Motor vehicle" means a trailer, a semitrailer, or
3-2 a self-propelled vehicle in or by which a person or property can be
3-3 transported upon a public highway. "Motor vehicle" does not
3-4 include a device moved only by human power or used exclusively on
3-5 stationary rails or tracks, a farm machine, a farm trailer, a
3-6 road-building machine, or a self-propelled vehicle used exclusively
3-7 to move farm machinery, farm trailers, or road-building machinery.
3-8 (2) "Sporting goods" means an item of tangible
3-9 personal property designed and sold for use in a sport or sporting
3-10 activity, excluding apparel and footwear except that which is
3-11 suitable only for use in a sport or sporting activity, and
3-12 excluding board games, electronic games and similar devices,
3-13 aircraft and powered vehicles, and replacement parts and
3-14 accessories for any excluded item.
3-15 SECTION 4. This Act takes effect September 1, 1997.
3-16 SECTION 5. The importance of this legislation and the
3-17 crowded condition of the calendars in both houses create an
3-18 emergency and an imperative public necessity that the
3-19 constitutional rule requiring bills to be read on three several
3-20 days in each house be suspended, and this rule is hereby suspended.