Amend SB 1523 by adding new sections as follows:                             
	SECTION ____. Section 4B, Development Corporation Act of 1979 
(Article 5190.6, Vernon's Texas Civil Statutes), is amended by 
adding Subsection (e-2) to read as follows:
	(e-2) At an election called and held under Subsection (d) of 
this section, the eligible city may also allow the voters to vote on 
a ballot proposition that limits the length of time that a sales and 
use tax may be imposed. An eligible city that imposes a tax for a 
limited time under this subsection may later extend the period of 
the tax's imposition or reimpose the tax only if the extension or 
reimposition is authorized by a majority of the qualified voters of 
the city voting in an election called and held for that purpose in 
the same manner as an election held under Section 4A(n) of this Act. 
Additionally, at an election held under Subsection (d) of this 
section, the city may also allow the voters to vote on a ballot 
proposition that limits the use of the sales and use tax to a 
specific project. A corporation that has been created to perform a 
specific project as provided by this subsection may retain its 
corporate existence and perform other projects as may be approved 
by the voters of the city under an election called and held for that 
purpose in the same manner as Section 4A(r) of this Act provides for 
an election held under Section 4A(d) of this Act. Before expending 
funds to undertake a project, a corporation shall hold a public 
hearing as otherwise provided by this section.
	SECTION____. Section 4B(n), Development Corporation Act of 
1979 (Article 5190.6, Vernon's Texas Civil Statutes), is amended to 
read as follows:
	(n) Before expending funds to undertake a project, a 
corporation under this section shall hold at least one public 
hearing on the proposed project. A corporation the creation of 
which was authorized by an eligible city with a population of less 
than 20,000 is not required to hold a public hearing under this 
subsection if the proposed project is defined by Section 2 of this 
Act.