By: Shapleigh S.B. No. 353
(In the Senate - Filed February 4, 2003; February 11, 2003,
read first time and referred to Committee on International
Relations and Trade; March 10, 2003, reported favorably by the
following vote: Yeas 6, Nays 0; March 10, 2003, sent to printer.)
A BILL TO BE ENTITLED
AN ACT
relating to tax increment financing under the Tax Increment
Financing Act in certain cities that border Mexico.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsection (h), Section 311.013, Tax Code, is
repealed.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2003.
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