1-1 By: Najera, Pickett (Senate Sponsor - Shapleigh) H.B. No. 1390
1-2 (In the Senate - Received from the House April 23, 2001;
1-3 April 24, 2001, read first time and referred to Committee on
1-4 Business and Commerce; May 3, 2001, reported favorably by the
1-5 following vote: Yeas 7, Nays 0; May 3, 2001, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the authority of certain municipalities to create an
1-9 industrial development district.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Section 4B(a)(1), Development Corporation Act of
1-12 1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended to
1-13 read as follows:
1-14 (1) "Eligible city" means a city:
1-15 (A) that is located in a county with a
1-16 population of 500,000 [750,000] or more, according to the most
1-17 recent federal decennial census 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 does not exceed 8.25 percent on the date of any election held under
1-21 or made applicable to this section;
1-22 (B) that has a population of 400,000 or more,
1-23 according to the most recent federal decennial census, and that is
1-24 located in more than one county, and in which the combined rate of
1-25 all sales and use taxes imposed by the city, the state, and other
1-26 political subdivisions of the state having territory in the city,
1-27 including taxes under this section, does not exceed 8.25 percent;
1-28 or
1-29 (C) [(D)] to which Section 4A of this Act
1-30 applies.
1-31 [(E) Paragraph (C) of this subdivision expires
1-32 September 1, 1999.]
1-33 SECTION 2. This Act takes effect immediately if it receives
1-34 a vote of two-thirds of all the members elected to each house, as
1-35 provided by Section 39, Article III, Texas Constitution. If this
1-36 Act does not receive the vote necessary for immediate effect, this
1-37 Act takes effect September 1, 2001.
1-38 * * * * *