1-1     By:  Oliveira (Senate Sponsor - Sibley)               H.B. No. 1449
 1-2           (In the Senate - Received from the House April 9, 2001;
 1-3     April 9, 2001, read first time and referred to Committee on
 1-4     Intergovernmental Relations; May 2, 2001, reported favorably by the
 1-5     following vote:  Yeas 6, Nays 0; May 2, 2001, sent to printer.)
 1-6                            A BILL TO BE ENTITLED
 1-7                                   AN ACT
 1-8     relating to the expiration of the Property Redevelopment and Tax
 1-9     Abatement Act.
1-10           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11           SECTION 1.  Sections 312.006 and 320.001, Tax Code, are
1-12     repealed.
1-13           SECTION 2.  This Act takes effect immediately if it receives
1-14     a vote of two-thirds of all the members elected to each house, as
1-15     provided by Section 39, Article III, Texas Constitution.  If this
1-16     Act does not receive the vote necessary for immediate effect, this
1-17     Act takes effect September 1, 2001.
1-18                                  * * * * *