By King of Parker                                      H.B. No. 285
         77R224 KEL-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the authority of a county or school district to sell
 1-3     land to certain organizations that provide low-income housing or
 1-4     promote revitalization of the land.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1. Section 34.015, Tax Code, as amended by Chapters
 1-7     181 and 817, Acts of the 76th Legislature, Regular Session, 1999,
 1-8     is reenacted and amended to read as follows:
 1-9           Sec. 34.015.  ALTERNATE MANNER OF SALE. (a)  Notwithstanding
1-10     any other provision of this subchapter, the governing body of a
1-11     municipality, county, or school district may provide for the manner
1-12     in which any land acquired by the municipality, county, or school
1-13     district may be sold if the land is sold to:
1-14                 (1)  a nonprofit organization that develops housing for
1-15     low income individuals and families as a primary activity to
1-16     promote community-based revitalization of the municipality, county,
1-17     or school district;
1-18                 (2)  a nonprofit corporation described by 26 U.S.C.
1-19     Section 501(c)(3) that:
1-20                       (A)  has been incorporated in this state for at
1-21     least one year;
1-22                       (B)  has a corporate purpose to develop
1-23     affordable housing that is stated in its articles of incorporation,
1-24     bylaws, or charter;
 2-1                       (C)  has at least one-fourth of its board of
 2-2     directors residing in the municipality, county, or school district;
 2-3     and
 2-4                       (D)  engages primarily in the building, repair,
 2-5     rental, or sale of housing for low income individuals and families;
 2-6     or
 2-7                 (3)  a religious organization that:
 2-8                       (A)  owns other property located in the
 2-9     municipality, county, or school district that is exempt from
2-10     taxation under Section 11.20; and
2-11                       (B)  has entered into a written agreement with
2-12     the municipality, county, or school district regarding the
2-13     revitalization of the land.
2-14           (b)  A municipality, county, or school district operating
2-15     under this section may by ordinance, order, or resolution, as
2-16     appropriate, determine the individuals and families who qualify as
2-17     low income individuals and families under Subsection (a)(1) or (2).
2-18     In adopting an ordinance, order, or resolution under this
2-19     subsection, the municipality, county, or school district shall
2-20     consider median income of individuals and median family income in
2-21     the area.
2-22           SECTION 2. This Act takes effect September 1, 2001.