By: Wentworth S.B. No. 918
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 municipalities eligible to create certain development
1-2 corporations.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 4B(a)(1), Development Corporation Act of
1-5 1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended to
1-6 read as follows:
1-7 (1) "Eligible city" means a city:
1-8 (A) that is located in a county with a
1-9 population of 750,000 or more, according to the most recent federal
1-10 decennial census and in which the combined rate of all sales and
1-11 use taxes imposed by the city, the state, and other political
1-12 subdivisions of the state having territory in the city does not
1-13 exceed 7.25 percent on the date of any election held under or made
1-14 applicable to this section;
1-15 (B) that has a population of 400,000 or more,
1-16 according to the most recent federal decennial census, and that is
1-17 located in more than one county, and in which the combined rate of
1-18 all sales and use taxes imposed by the city, the state, and other
1-19 political subdivisions of the state having territory in the city,
1-20 including taxes under this section, does not exceed 8.25 percent;
1-21 (C) that is located in a county with a
1-22 population of more than 1,100,000 according to the most recent
2-1 federal decennial census, in which there are more than 20 [29]
2-2 incorporated municipalities according to the most recent federal
2-3 decennial census, and in which the combined rate of all sales and
2-4 use taxes imposed by the city, the state, and other political
2-5 subdivisions of the state having territory in the city does not
2-6 exceed 8.25 [7.75] percent on the date of any election held under
2-7 or made applicable to this section; or
2-8 (D) to which Section 4A of this Act applies.
2-9 [(E) Paragraph (C) of this subdivision expires
2-10 September 1, 1999.]