By Rodriguez H.B. No. 1396
75R3043 CLG-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the enterprise zone program.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 2303.101(b), Government Code, is amended
1-5 to read as follows:
1-6 (b) The department may not designate an area as an
1-7 enterprise zone if six [three] enterprise zones are located in the
1-8 jurisdiction of and were nominated as enterprise zones by the
1-9 governing body of the municipality or county nominating the area as
1-10 an enterprise zone.
1-11 SECTION 2. Section 2303.403, Government Code, is amended to
1-12 read as follows:
1-13 Sec. 2303.403. PROHIBITION ON QUALIFIED BUSINESS
1-14 CERTIFICATION. If the department determines that the governing
1-15 body of an enterprise zone is not complying with this chapter, the
1-16 department shall prohibit the certification of a qualified business
1-17 in the zone until the department determines that the governing body
1-18 is complying with this chapter. The department may not designate
1-19 more than 75 [65] businesses as enterprise projects during any
1-20 biennium.
1-21 SECTION 3. Section 151.429(b), Tax Code, is amended to read
1-22 as follows:
1-23 (b) Subject to the limitations provided by Subsection (c) of
1-24 this section, an enterprise project qualifies for a refund of taxes
2-1 under this section of $2,500 [$2,000] for each new permanent job or
2-2 job that has been retained by the enterprise project for a
2-3 qualified employee.
2-4 SECTION 4. Section 151.431(d), Tax Code, is amended to read
2-5 as follows:
2-6 (d) The total amount of the onetime refund that a qualified
2-7 business may apply for may not exceed $1,000 [$500] for each
2-8 qualified employee retained, up to a limit of $5,000 for each
2-9 qualified business.
2-10 SECTION 5. This Act takes effect September 1, 1997.
2-11 SECTION 6. The importance of this legislation and the
2-12 crowded condition of the calendars in both houses create an
2-13 emergency and an imperative public necessity that the
2-14 constitutional rule requiring bills to be read on three several
2-15 days in each house be suspended, and this rule is hereby suspended.