Floor Packet Page No. 87
Amend CSHB 3 by adding the following appropriately numbered
section to the bill and renumbering existing sections accordingly:
SECTION ___. (a) Section 313.007, Tax Code, is amended to
read as follows:
Sec. 313.007. EXPIRATION. Subchapters B, C, and D expire
December 31, 2011 [2007].
(b) Section 313.024(a), Tax Code, is amended to read as
follows:
(a) This subchapter and Subchapters C and D apply only to
property owned by an entity [a corporation or limited liability
company] to which Chapter 171 [Section 171.001] applies.
(c) Section 313.024(b), Tax Code, is amended to read as
follows:
(b) To be eligible for a limitation on appraised value under
this subchapter, the entity [corporation or limited liability
company] must use the property in connection with:
(1) manufacturing;
(2) research and development;
(3) a clean coal project, as defined by Section 5.001,
Water Code;
(4) a gasification project for a coal and biomass
mixture; or
(5) renewable energy electric generation.
(d) Section 313.025(b), Tax Code, is amended to read as
follows:
(b) The governing body of a school district is not required
to consider an application for a limitation on appraised value that
is filed with the governing body under Subsection (a). If the
governing body of the school district does elect to consider an
application, the governing body shall request that the Texas
Education Agency [engage a third person to] conduct an economic
impact evaluation of the application on behalf of the school
district, and that agency shall conduct the evaluation as soon as
practicable. The governing body shall provide to the Texas
Education Agency any information requested by that agency. The
Texas Education Agency may develop a methodology to allow
comparisons of economic impact for different schedules of addition
of qualified investment or qualified property as part of the
economic impact evaluation. The economic impact evaluation of the
Texas Education Agency is binding on the governing body of the
school district and the applicant. The governing body shall
provide a copy of the evaluation to the applicant on request. The
Texas Education Agency may charge and collect a fee sufficient to
cover the costs of providing the economic impact evaluation. The
governing body of a school district shall [and] approve or
disapprove an application before the 121st day after the date the
application is filed, unless the Texas Education Agency's economic
impact evaluation has not been received or an extension is agreed to
by the governing body and the applicant.
(e) Section 313.051, Tax Code, is amended to read as
follows:
Sec. 313.051. APPLICABILITY. (a) This subchapter applies
only to a school district that has territory in:
(1) a strategic investment area, as defined by Section
171.721; [, Tax Code,] or
(2) [in] a county:
(A) [(1)] that has a population of less than
50,000;
(B) [(2)] that is not partially or wholly located
in a metropolitan statistical area; and
(C) [(3)] in which, from 1990 to 2000, according
to the federal decennial census, the population:
(i) [(A)] remained the same;
(ii) [(B)] decreased; or
(iii) [(C)] increased, but at a rate of not
more than three percent per annum.
(a-1) Notwithstanding Subsection (a), if on January 1,
2002, this subchapter applied to a school district in whose
territory is located a federal nuclear facility, this subchapter
continues to apply to the school district regardless of whether the
school district ceased or ceases to be described by Subsection (a)
after that date.
(b) The governing body of a school district to which this
subchapter applies may enter into an agreement in the same manner as
a school district to which Subchapter B applies may do so under
Subchapter B, subject to Sections 313.052-313.054. Except as
otherwise provided by this subchapter, the provisions of Subchapter
B apply to a school district to which this subchapter applies. For
purposes of this subchapter, a property owner is required to create
only at least 10 new jobs on the owner's qualified property. At
least 80 percent of all the new jobs created must be qualifying jobs
as defined by Section 313.021(3), except that, for a school
district described by Subsection (a)(2), each qualifying job must
pay at least 110 percent of the average weekly wage for
manufacturing jobs in the region designated for the regional
planning commission, council of governments, or similar regional
planning agency created under Chapter 391, Local Government Code,
in which the district is located.
(f) Section 313.051(b), Tax Code, as amended by this
section, applies only to a limitation on the appraised value for
school district maintenance and operations ad valorem tax purposes
for which the owner files an application on or after the effective
date of this Act. A limitation on the appraised value for school
district maintenance and operations ad valorem tax purposes for
which the owner files an application before the effective date of
this Act is governed by the law as it existed immediately before the
effective date of this Act, and that law is continued in effect for
that purpose.