By: Madla, Van de Putte S.B. No. 1558
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to defense base development authorities.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 378.011, Local Government Code, is
1-5 amended by amending Subsection (b) and adding Subsection (c) to
1-6 read as follows:
1-7 (b) Section 25.07(a), Tax Code, does not apply [applies] to
1-8 a leasehold or other possessory interest in real property granted
1-9 by an authority for a project designated under Section 378.009(a)
1-10 [in the same manner as it applies to a leasehold or other
1-11 possessory interest in real property constituting a project
1-12 described by Section 4B(k), Development Corporation Act of 1979
1-13 (Article 5190.6, Vernon's Texas Civil Statutes)]. Projects are
1-14 exempt from taxation under Section 11.11, Tax Code, for the period
1-15 of such lease or other possessory interest.
1-16 (c) This subsection and Subsection (b) expire September 1,
1-17 2007.
1-18 SECTION 2. Subdivision (5), Section 378.001, Local
1-19 Government Code, as added by Chapter 1221, Acts of the 76th
1-20 Legislature, Regular Session, 1999, is amended to read as follows:
1-21 (5) "Defense base" means a military installation or
1-22 facility closed or realigned under the Defense Base Closure and
1-23 Realignment Act of 1990 (10 U.S.C. Section 2687 note) and its
1-24 subsequent amendments, a closed military installation or facility
1-25 now operated by a public technical institute as defined by Section
2-1 61.003, Education Code, and that is located in a county with a
2-2 population of more than 210,000 and less than 230,000, Ellington
2-3 Air Force Base, or the former Amarillo Air Force Base.
2-4 SECTION 3. This Act takes effect immediately if it receives
2-5 a vote of two-thirds of all the members elected to each house, as
2-6 provided by Section 39, Article III, Texas Constitution. If this
2-7 Act does not receive the vote necessary for immediate effect, this
2-8 Act takes effect September 1, 2001.