SRC-JEC S.B. 1290 77(R)   BILL ANALYSIS


Senate Research Center   S.B. 1290
77R4174 ATP-DBy: Staples
Intergovernmental Relations
4/5/2001
As Filed


DIGEST AND PURPOSE 

Currently, municipalities grant tax abatements to certain businesses to
promote economic development in the city.  As proposed, S.B. 1290
authorizes counties to make loans and grants of public money and to provide
personnel and services of the county to businesses to promote economic
development. 

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 this section 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.