SRC-JEC H.B. 2870 77(R)   BILL ANALYSIS


Senate Research Center   H.B. 2870
77R4174 ATP-DBy: Ramsay (Staples)
Intergovernmental Relations
5/4/2001
Engrossed


DIGEST AND PURPOSE 

Currently, a municipality may offer tax abatements to certain businesses to
promote economic development.  H.B. 2870 explicitly authorizes a county to
make loans and grants of public money and provide county services and
personnel to negotiate tax abatement agreements. 

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a
state officer, institution, or agency.  

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 381.004, Local Government Code, by adding
Subsection (f), to authorize a commissioners court to develop and
administer a program authorized by Subsection (b) for making loans and
grants of public money and providing personnel and services of the county. 

SECTION 2.  Effective date: upon passage or September 1, 2001.