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A BILL TO BE ENTITLED
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AN ACT
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relating to the demolition of certain sports and community venues. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 334.003, Local Government Code, is |
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amended to read as follows: |
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Sec. 334.003. APPLICATION TO VENUE CONSTRUCTED UNDER OTHER |
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LAW. (a) Except as provided by Subsection (b), a [A] county or |
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municipality may use this chapter for a venue project relating to a |
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venue and related infrastructure planned, acquired, established, |
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developed, constructed, or renovated under other law, including |
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Section 4B, Development Corporation Act of 1979 (Article 5190.6, |
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Vernon's Texas Civil Statutes), or Subchapter E, Chapter 451, |
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Transportation Code. |
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(b) For a venue and related infrastructure planned, |
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acquired, established, developed, constructed, or renovated under |
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other law, a county or municipality may not use revenue from a |
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method of financing approved at an election held under this chapter |
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for the purpose of improving, renovating, or expanding the venue or |
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related infrastructure to: |
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(1) demolish the venue; and |
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(2) subsequently construct a new venue. |
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SECTION 2. The change in law made by this Act applies only |
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to revenue derived from a method of financing a venue project under |
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Chapter 334, Local Government Code, authorized at an election held |
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on or after the effective date of this Act. |
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SECTION 3. This Act takes effect September 1, 2007. |