| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the powers of the Red River Redevelopment Authority; |
|
|
providing authority to issue bonds. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Subchapter C, Chapter 3503, Special District |
|
|
Local Laws Code, is amended by adding Section 3503.1015 to read as |
|
|
follows: |
|
|
Sec. 3503.1015. ADDITIONAL POWERS OF OTHER ENTITIES; BONDS. |
|
|
The authority may exercise the powers given to: |
|
|
(1) the governing body of a "unit," as defined by |
|
|
Section 2, Development Corporation Act of 1979 (Article 5190.6, |
|
|
Vernon's Texas Civil Statutes), and may issue district bonds for a |
|
|
purpose specified by that Act; |
|
|
(2) an emergency services district under Chapter 775, |
|
|
Health and Safety Code; or |
|
|
(3) a rural or urban transit district under Chapter |
|
|
458, Transportation Code. |
|
|
SECTION 2. Subchapter C, Chapter 3503, Special District |
|
|
Local Laws Code, is amended by adding Section 3503.108 to read as |
|
|
follows: |
|
|
Sec. 3503.108. LIMITATION ON USE OF EMINENT DOMAIN. Except |
|
|
as provided by Section 3503.103, the authority may not exercise the |
|
|
power of eminent domain. |
|
|
SECTION 3. Subchapter D, Chapter 3503, Special District |
|
|
Local Laws Code, is amended by adding Section 3503.155 to read as |
|
|
follows: |
|
|
Sec. 3503.155. NO TAXING POWER. The authority may not |
|
|
impose a tax. |
|
|
SECTION 4. Proof of publication of the constitutional |
|
|
notice required to introduce this Act under Section 59(d), Article |
|
|
XVI, Texas Constitution, has been furnished as provided by that |
|
|
section. A copy of the notice and the Act as originally introduced |
|
|
have been delivered to the governor as required by Section 59(d) of |
|
|
that article. The legislature finds and declares that the notice |
|
|
and the delivery are proper and sufficient to satisfy the |
|
|
constitutional requirements. |
|
|
SECTION 5. 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, 2007. |