By: Duncan S.B. No. 1651
(In the Senate - Filed March 14, 2003; March 20, 2003, read
first time and referred to Committee on Business and Commerce;
May 12, 2003, reported adversely, with favorable Committee
Substitute by the following vote: Yeas 9, Nays 0; May 12, 2003,
sent to printer.)
COMMITTEE SUBSTITUTE FOR S.B. No. 1651 By: Brimer
A BILL TO BE ENTITLED
AN ACT
relating to the use of development corporations to improve local
telecommunications infrastructure.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Paragraph (A), Subdivision (11), Section 2,
Development Corporation Act of 1979 (Article 5190.6, Vernon's Texas
Civil Statutes), is amended to read as follows:
(A) "Project" shall mean the land, buildings,
equipment, facilities, targeted infrastructure, and improvements
(one or more) to promote new and expanded business development or
found by the board of directors to be required or suitable for the
promotion of development and expansion of manufacturing and
industrial facilities, job creation and retention, job training,
educational facilities, research and development facilities,
telecommunications infrastructure, transportation facilities
(including but not limited to airports, ports, mass commuting
facilities, and parking facilities), sewage or solid waste disposal
facilities, recycling facilities, air or water pollution control
facilities, facilities for the furnishing of water to the general
public, distribution centers, small warehouse facilities capable
of serving as decentralized storage and distribution centers, and
facilities for use by institutions of higher education, and for the
promotion of development or redevelopment and expansion, including
costs of administration and operation, of a military base closed or
realigned pursuant to recommendation of the Defense Closure and
Realignment Commission pursuant to the Defense Base Closure and
Realignment Act of 1990 (10 U.S.C. Section 2687 note) as amended,
and of facilities which are related to any of the foregoing, and in
furtherance of the public purposes of this Act, all as defined in
the rules of the department, irrespective of whether in existence
or required to be identified, acquired, or constructed thereafter.
"Project" also includes job training required or suitable for
the promotion of development and expansion of business enterprises
and other enterprises described by this Act, as provided by Section
38 of this Act.
SECTION 2. Section 23, Development Corporation Act of 1979
(Article 5190.6, Vernon's Texas Civil Statutes), is amended by
adding Subsections (f) and (g) to read as follows:
(f) A corporation may expend funds for the development of
telecommunications infrastructure under this Act only by
contracting with private entities.
(g) Subchapter E, Chapter 54, Utilities Code, applies to a
corporation created by a unit under this Act.
SECTION 3. 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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