By: Gallegos S.B. No. 824 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED AN ACT 1-1 relating to tax increment investment financing and the powers of a 1-2 municipality. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 Section 1. Section 311.008, Tax Code, is amended by adding 1-5 Subsection (d) to read as follows: 1-6 (d) In this section, "educational facilities" includes land, 1-7 equipment, building, and other facilities, including public school 1-8 buildings, used or to be used jointly by a municipality and an 1-9 independent school district and located in a reinvestment zone 1-10 created by the municipality on or before January 1, 1998. 1-11 SECTION 2. This Act takes effect September 1, 1999. 1-12 SECTION 3. The importance of this legislation and the 1-13 crowded condition of the calendars in both houses create an 1-14 emergency and an imperative public necessity that the 1-15 constitutional rule requiring bills to be read on three several 1-16 days in each house be suspended, and this rule is hereby suspended.