79R2081 CLG-D

By:  Seliger                                                      S.B. No. 1304



A BILL TO BE ENTITLED

AN ACT

relating to a project that may be undertaken by a certain 
development corporation in connection with new or expanded business 
development.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 2(11), Development Corporation Act of  
1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended  
to read as follows:
		(11) [(A)]  "Project" shall mean the land, buildings, 
equipment, facilities, expenditures, targeted infrastructure, and 
improvements (one or more) that are for the creation or retention of 
primary jobs and that are found by the board of directors to be 
required or suitable for the development, retention, or expansion 
of manufacturing and industrial facilities, research and 
development facilities, 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, primary 
job training facilities for use by institutions of higher 
education, and regional or national corporate headquarters 
facilities.
	"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.
	"Project" also includes expenditures found by the board of 
directors to be required or suitable for infrastructure necessary 
to promote or develop new or expanded business enterprises limited 
to streets and roads, rail spurs, water and electric utilities, gas 
utilities, drainage and related improvements, and 
telecommunications and Internet improvements.
	For purposes of a corporation created by a city located in a 
county with a population of less than 25,000, "project" also 
includes the land, buildings, equipment, facilities, expenditures, 
infrastructure, or improvements that are found by the board of 
directors to be required or suitable for the promotion of new or 
expanded business development.
	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, 2005.