| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to imposing a civil penalty on a political subdivision |
|
|
that spends the proceeds of an impact fee for a purpose other than |
|
|
the purpose for which the fee was imposed. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 395.024, Local Government Code, is |
|
|
amended by adding Subsection (e) to read as follows: |
|
|
(e) A political subdivision that spends funds from an impact |
|
|
fee in violation of Subsection (c) is liable to the state for a |
|
|
civil penalty in an amount equal to 20 percent of the amount of the |
|
|
funds spent in violation of that subsection. The attorney general |
|
|
shall sue to collect the penalty and deposit the amount collected to |
|
|
the credit of the housing trust fund. |
|
|
SECTION 2. This Act takes effect September 1, 2007. |