1-1 By: Ramsay (Senate Sponsor - Staples) H.B. No. 2870 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 Intergovernmental Relations; May 9, 2001, reported favorably, as 1-5 amended, by the following vote: Yeas 6, Nays 0; May 9, 2001, sent 1-6 to printer.) 1-7 COMMITTEE AMENDMENT NO. 1 By: Lindsay 1-8 Amend H.B. No. 2870 (house engrossment) as follows: 1-9 (1) In Section 1 of the bill (page 1, line 37) strike 1-10 "Subsection (f)" and substitute "Subsections (f) and (g)". 1-11 (2) In Section 1 of the bill, immediately following proposed 1-12 Subsection (f) (page 1, between lines 40 and 41), add a new 1-13 Subsection (g) to read as follows: 1-14 (g) The commissioners court may develop and administer a 1-15 program authorized by Subsection (b) for entering into a tax 1-16 abatement agreement with an owner or lessee of a property interest 1-17 subject to ad valorem taxation. The execution, duration, and other 1-18 terms of the agreement are governed, to the extent practicable, by 1-19 the provisions of Sections 312.204, 312.205, and 312.211, Tax Code, 1-20 as if the commissioners court were a governing body of a 1-21 municipality. 1-22 (3) Add the following appropriately numbered section to the 1-23 bill to read as follows and renumber subsequent sections of the 1-24 bill appropriately: 1-25 SECTION ___. An act or proceeding of the commissioners court 1-26 of a county that relates to a program described by Section 1-27 381.004(f) or (g), Local Government Code, as added by this Act, and 1-28 that occurs before the effective date of this Act is validated as 1-29 of the date the act or proceeding occurred. 1-30 A BILL TO BE ENTITLED 1-31 AN ACT 1-32 relating to the authority of a commissioners court of a county to 1-33 develop and administer an economic development program for making 1-34 loans or grants of public money. 1-35 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-36 SECTION 1. Section 381.004, Local Government Code, is amended 1-37 by adding Subsection (f) to read as follows: 1-38 (f) The commissioners court may develop and administer a 1-39 program authorized by Subsection (b) for making loans and grants of 1-40 public money and providing personnel and services of the county. 1-41 SECTION 2. This Act takes effect immediately if it receives 1-42 a vote of two-thirds of all the members elected to each house, as 1-43 provided by Section 39, Article III, Texas Constitution. If this 1-44 Act does not receive the vote necessary for immediate effect, this 1-45 Act takes effect September 1, 2001. 1-46 * * * * *