By Rodriguez H.B. No. 377
75R2489 JSA-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the authority of a junior college district to enter
1-3 into a tax abatement agreement under the Property Redevelopment and
1-4 Tax Abatement Act.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 312.002, Tax Code, is amended by adding
1-7 Subsection (e) to read as follows:
1-8 (e) A junior college district may not enter into a tax
1-9 abatement agreement under this chapter.
1-10 SECTION 2. (a) This Act takes effect September 1, 1997.
1-11 (b) The change in law made by this Act does not affect the
1-12 validity of a tax abatement agreement entered into before the
1-13 effective date of this Act. A tax abatement agreement entered into
1-14 before the effective date of this Act is governed by the law in
1-15 effect when the agreement was entered into, and the former law is
1-16 continued in effect for that purpose.
1-17 SECTION 3. The importance of this legislation and the
1-18 crowded condition of the calendars in both houses create an
1-19 emergency and an imperative public necessity that the
1-20 constitutional rule requiring bills to be read on three several
1-21 days in each house be suspended, and this rule is hereby suspended.