By McClendon                                          H.B. No. 3414
         Line and page numbers may not match official copy.
         Bill not drafted by TLC or Senate E&E.
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to expanding the authority of Public Housing Authorities
 1-3     regarding the operation, construction and leasing of housing
 1-4     projects.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1. Section 392.052, Local Government Code, is amended
 1-7     by adding new subsections 392.052(f)(4) and (5) to read as follows:
 1-8                 (4)  enter into partnerships or other entities for the
 1-9     purpose of raising capital for a housing project to be owned by
1-10     such partnership or entity; and
1-11                 (5)  take over, construct, lease or manage commercial
1-12     space incidental to such housing project.
1-13           SECTION 2. This Act takes effect September 1, 2001.