By Duncan                                              S.B. No. 480
         77R2881 JMG-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the use of development corporations to improve local
 1-3     telecommunications infrastructure.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1. Section 2(11)(A), Development Corporation Act of
 1-6     1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended to
 1-7     read as follows:
 1-8                       (A)  "Project" shall mean the land, buildings,
 1-9     equipment, facilities, targeted infrastructure, and improvements
1-10     (one or more) to promote new and expanded business development or
1-11     found by the board of directors to be required or suitable for the
1-12     promotion of development and expansion of manufacturing and
1-13     industrial facilities, job creation and retention, job training,
1-14     educational facilities, telecommunications infrastructure,
1-15     transportation facilities (including but not limited to airports,
1-16     ports, mass commuting facilities, and parking facilities), sewage
1-17     or solid waste disposal facilities, recycling facilities, air or
1-18     water pollution control facilities, facilities for the furnishing
1-19     of water to the general public, distribution centers, small
1-20     warehouse facilities capable of serving as decentralized storage
1-21     and distribution centers, and facilities for use by institutions of
1-22     higher education, and for the promotion of development or
1-23     redevelopment and expansion, including costs of administration and
1-24     operation, of a military base closed or realigned pursuant to
 2-1     recommendation of the Defense Closure and Realignment Commission
 2-2     pursuant to the Defense Base Closure and Realignment Act of 1990
 2-3     (10 U.S.C. Section 2687 note) as amended, and of facilities which
 2-4     are related to any of the foregoing, and in furtherance of the
 2-5     public purposes of this Act, all as defined in the rules of the
 2-6     department, irrespective of whether in existence or required to be
 2-7     identified, acquired, or constructed thereafter.
 2-8           "Project" also includes job training required or suitable for
 2-9     the promotion of development and expansion of business enterprises
2-10     and other enterprises described by this Act, as provided by Section
2-11     38 of this Act.
2-12           SECTION 2.  This Act takes effect immediately if it receives
2-13     a vote of two-thirds of all the members elected to each house, as
2-14     provided by Section 39, Article III, Texas Constitution.  If this
2-15     Act does not receive the vote necessary for immediate effect, this
2-16     Act takes effect September 1, 2001.